EssilorLuxottica Reports Share Capital and Voting Rights Status
Overview of EssilorLuxottica's Share Capital and Voting Rights
As of the latest reporting date, EssilorLuxottica continues to demonstrate its leadership in the optical industry. The latest disclosure details the shares and voting rights outstanding as of December 31, 2024, a vital aspect for shareholders and potential investors.
Details of Share Capital
At the close of 2024, EssilorLuxottica reported a total of 457,507,201 shares outstanding. This figure reflects the company's commitment to maintaining a robust and transparent shareholding structure. Understanding the number of shares is crucial for investors looking to gauge corporate performance and shareholder equity.
Voting Rights Breakdown
In terms of voting rights, the company noted that the number of real voting rights, which excludes treasury shares, stands at 456,708,608. This distinction is significant as it gives insights into the actual voting power held by shareholders in decision-making processes.
Theoretical Voting Rights Analysis
Including treasury shares, EssilorLuxottica's theoretical number of voting rights remains at 457,507,201. This reflects the total potential influence available to shareholders, even though not all voting rights may be actively used due to statutory caps.
Caps on Voting Rights
An essential aspect to consider is that voting rights are capped at 31% for any shareholder, as outlined in the company's by-laws. This regulation is designed to ensure a balanced governance structure and prevents any individual from holding disproportionate influence over the company's strategic directions.
Further Information and Resources
For those seeking additional details regarding the share capital and governance, it is recommended to refer to the Prospectus along with its Securities Note Supplement. These documents received due validation from the relevant authorities, showcasing the company's commitment to transparency and compliance.
Accessing Company Documents
EssilorLuxottica maintains a repository of such important documents on their website, making it easier for stakeholders to stay informed about corporate governance practices and share entitlements.
Conclusion and Forward Outlook
As EssilorLuxottica moves forward, understanding these intricacies around share capital and voting rights enhances investors' confidence. The company remains committed to upholding high standards of corporate governance, reflecting its leadership role within the global optical marketplace.
Frequently Asked Questions
What are the total shares outstanding for EssilorLuxottica?
As of December 31, 2024, EssilorLuxottica has 457,507,201 shares outstanding.
How many real voting rights are available?
The number of real voting rights, not including treasury shares, is 456,708,608.
What is the maximum percentage a shareholder can vote?
Voting rights are capped at 31% for any individual shareholder.
Where can I find more information about shareholder governance?
You can consult the company's Prospectus and Securities Note Supplement available on their website.
What is the purpose of treasury shares?
Treasury shares do not carry voting rights and are used by companies for various financial strategies, including shareholder reward schemes.
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