EssilorLuxottica Updates Shareholders on Dividend Payments

Author: Kelly Martin Updated: 06-03-2025 10:31 AM

EssilorLuxottica Announces Dividend Payment Options

EssilorLuxottica has made an important announcement regarding its dividend distributions. The recent Annual General Meeting saw a decision allowing shareholders to opt for receiving their dividends in shares rather than cash. This move not only signifies a commitment to reinvestment but also caters to the interests of investors who prefer equity over immediate cash payments.

Details of the Share Dividend

The newly issued shares for the dividend payment have been priced at Euro 222.02 each. This price reflects a strategic calculation, equating to 90% of the average opening prices quoted on Euronext Paris during the twenty trading days preceding the Annual General Meeting, adjusted for the final dividend for the financial year ending on December 31, 2024.

Opting for Shares

Shareholders had the opportunity to choose the share payment option between May 9 and May 30, 2025. An exception applied to those with pure registered shares, who were able to make their elections until May 28, 2025. In total, an impressive 316,917,525 rights were exercised in favor of the share payment option for the 2024 dividend.

Impact on Share Capital

As a result of this decision, 5,638,328 new shares will be issued. This issuance represents about 1.23% of EssilorLuxottica’s total share capital, based on data from April 30, 2025. The new shares are set to be settled and delivered on June 5, 2025, and will be listed for trading on Euronext Paris.

Understanding the Cash Dividend

For shareholders who prefer not to take the share option, a significant cash dividend totaling Euro 547,443,171.60 will also be distributed on June 5, 2025. This provides an alternative for those looking to maintain liquidity or reinvest the dividends in other opportunities.

Shareholder Rights and Future Implications

It is important to note that the new shares issued will carry the same rights as existing shares, including the right to participate in future dividends. This alignment ensures that all shareholders, regardless of their choice, remain invested in the ongoing success of EssilorLuxottica.

Monthly Disclosure of Share Capital

For shareholders interested in further details about the company’s share capital and voting rights, monthly disclosures will be published. These will provide transparency on the full capitalization and any potential changes after this dividend event.

Frequently Asked Questions

What did EssilorLuxottica announce regarding dividends?

EssilorLuxottica announced that shareholders can opt to receive their dividends in shares or cash, with new shares issued at Euro 222.02 each.

How many new shares will be issued?

5,638,328 new shares will be issued as part of the dividend payment, equating to 1.23% of the company's total capital.

When will the cash dividend be paid?

The cash dividend will be paid on June 5, 2025, to those shareholders who did not choose the share option.

What rights do the new shares confer?

The newly issued shares will confer the same rights as existing shares, including the right to future dividends.

How are shareholders informed about share capital?

EssilorLuxottica will publish monthly disclosures detailing share capital and voting rights for transparency.

About The Author

Hello Kelly Martin here, a financial and publicly traded company specialist committed to writing with clarity and sage advice. Having a wealth of experience and a thorough grasp of corporate dynamics and the financial environment, my main goal in writing blog posts and articles is to provide insightful analysis together with useful guidance. My objective is to arm readers with the information they need to comprehend the complexities of publicly traded companies and make wise financial decisions.

Writing for several financial blogs has let me interact with a wide range of readers, from novice investors to seasoned pros looking for fresh perspectives. My goal is to make corporate analysis and finance understandable and interesting so you may confidently negotiate the intricacies of the financial world. I appreciate you traveling with me toward success and financial literacy.

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