Disclosure of Share Capital and Voting Rights Outstanding
As of July 31, 2024, the outstanding shares and voting rights of EssilorLuxottica, a leading global company in the design, manufacture, and distribution of ophthalmic lenses, frames, and sunglasses, are detailed below.
Outstanding Shares and Voting Rights
Understanding the current status of shares and voting rights is essential for grasping the company's governance framework. On the specified date, the total number of shares outstanding is 457,320,927. This figure reflects the company’s broad shareholder base and the significant influence each shareholder can have on corporate decisions.
Real Voting Rights
After excluding treasury shares, the actual number of real voting rights is 455,577,543. This number illustrates the genuine voting power that shareholders possess, highlighting their ability to engage in key corporate governance matters.
Theoretical Voting Rights
When treasury shares are included, the theoretical number of voting rights aligns with the total shares outstanding, which is 457,320,927. This figure represents the maximum voting potential within the company’s current equity structure.
Voting Rights Cap
It's important to understand that voting rights are limited to a maximum of 31%. This cap ensures that no single shareholder can dominate the voting process, fostering a balanced governance environment at EssilorLuxottica. The specifics of this cap are outlined in article 23 of the company’s by-laws, ensuring equitable participation for all shareholders in decision-making.
Further Information
For those seeking more detailed insights, it is advisable to review the Prospectus, which received Visa No. 18-460 from the AMF on September 28, 2018, along with its Securities Note Supplement bearing Visa No. 18-494 from the AMF on October 23, 2018. These documents can be accessed on the official EssilorLuxottica website, offering transparency and vital information for shareholders.
Conclusion
EssilorLuxottica continues to be a key player in the ophthalmic sector. The share capital and voting rights information provided as of July 31, 2024, underscores its dedication to governance and engaging with stakeholders. Investors and interested parties are encouraged to remain updated on future developments as the company progresses in the market.
Frequently Asked Questions
What is EssilorLuxottica's total shares outstanding as of July 31, 2024?
As of July 31, 2024, EssilorLuxottica has a total of 457,320,927 shares outstanding.
What are real voting rights?
Real voting rights refer to the number of votes shareholders can cast, excluding any treasury shares, totaling 455,577,543 for EssilorLuxottica.
What is the theoretical number of voting rights?
The theoretical number of voting rights, which includes treasury shares, is equal to the total shares outstanding, amounting to 457,320,927.
What is the voting rights cap for EssilorLuxottica shareholders?
The voting rights for shareholders are capped at 31%, preventing any single shareholder from exerting excessive influence.
Where can I find further information about EssilorLuxottica?
Further information can be found in the Prospectus and Securities Note Supplement available on EssilorLuxottica's official website.
