L'Oréal's Voting Rights and Shares Overview as of October 2024
Understanding L'Oréal's Voting Rights and Share Structure
L'Oréal, a prominent player in the beauty industry, has a fascinating story that blends innovation, ethics, and community awareness. Let's delve into the total number of voting rights and shares that define the company's capital as of a recent date.
Key Financial Data
As a French limited company with a registered capital of 106,862,389.20 euros, L'Oréal maintains impressive figures when it comes to its voting rights and shares. The total number of shares stands at an astounding 534,311,946. This number reflects the company's commitment to shareholder engagement and transparency.
Real Voting Rights
When examining real voting rights, which exclude treasury shares, the figure remains unchanged at 534,311,946. This consistency reinforces the notion that every share carries substantial weight in decision-making processes.
Theoretical Voting Rights
Considering treasury shares, the theoretical number of voting rights also reaches 534,311,946. This highlights how treasury shares play a role in the broader picture of shareholder influence and corporate governance.
The Mission of L'Oréal
Founded over a century ago, L'Oréal has made it its mission to fulfill the beauty aspirations of consumers worldwide. The company focuses on essential, inclusive, and sustainable beauty through its diverse portfolio of 37 international brands. This commitment not only serves the consumer market but also fosters an ethical approach to business.
Financial Performance and Innovation
The year saw L'Oréal achieve remarkable sales, totaling 41.18 billion euros. With over 90,000 dedicated employees and a strong global presence, L'Oréal's performance illustrates its effectiveness in reaching consumers across various channels, including e-commerce and traditional retail.
Research and Development at L'Oréal
Investing in the future is crucial for L'Oréal's success. The company operates 20 research centers in 11 countries, staffed by over 4,000 scientists and a digital team of 6,400. This substantial investment in R&D positions L'Oréal as a leader in Beauty Tech innovation, paving the way for advanced beauty solutions.
Sustainability Initiatives
L'Oréal is also advancing its sustainability agenda through the L'Oréal for the Future program, emphasizing commitment to social and environmental well-being. This initiative aligns with modern consumer expectations and reflects the company's ethical values.
Contacting L'Oréal for Inquiries
Investors and interested parties can reach out for more information and inquiries. For individual shareholders and market authorities, Mrs. Pascale Guerin is a key contact, available at +33.(0)1.49.64.18.89 or via email. Financial analysts and institutional investors can contact Mrs. Eva Quiroga at +33.(0)7.88.14.22.65.
Frequently Asked Questions
What is the total number of shares for L'Oréal?
The total number of shares for L'Oréal is 534,311,946, showcasing a strong capital structure.
How do treasury shares affect voting rights?
Treasury shares can influence theoretical voting rights but are excluded from real voting rights, which remain 534,311,946.
What is L'Oréal's main mission?
L'Oréal aims to fulfill the beauty aspirations of consumers globally while promoting sustainability and inclusive beauty.
What role does research play at L'Oréal?
Research is vital to L'Oréal's approach, with over 20 centers worldwide focused on innovation and developing beauty technologies.
How can investors contact L'Oréal?
Investors can contact various representatives, including Mrs. Pascale Guerin for individual inquiries and Mrs. Eva Quiroga for financial analysis.
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