L'ORÉAL : SHARE BUYBACK - From February 13th to F
Post# of 301275
Société anonyme au capital de 112 371 148,20 € Siège social : 14, rue Royale, 75008 Paris 632 012 100 R.C.S. Paris
DISCLOSURE OF SHARE BUYBACK From February 13th to February 17th, 2017
The Board of Directors has decided on February 9th, 2017, under the authorisation voted by the Annual General Meeting of 20 April 2016, to set up a share buyback programme amounting to a maximum of 500 million euros during the first half of 2017. All the shares bought back will be cancelled (1) .
(1) The L'Oréal Registration Document filed with the AMF (Autorité des Marchés Financiers) on 15 March 2016 includes, on pages 323 and 324, the other pieces of information that must appear in the share buyback programme description pursuant to Article 241-2 of the General Regulation of the AMF.
Since its creation by a chemist, almost a century ago, L'Oréal is concentrated on one unique area of expertise, cosmetics. With a turnover of euros 25,84 billion € in 2016, the group focuses its activities on 32 global and culturally diverse brands distributed in every distribution channel. L'Oréal Professionnel, Matrix, Kérastase, Redken in hair dressing salons. L'Oréal Paris, Maybelline, Garnier, SoftSheen·Carson in mass market. Vichy, La Roche Posay, Inneov, and Skinceuticals in pharmacies and drug stores. Lancôme, Helena Rubinstein, Biotherm, Shu Uemura, Kiehl's, Giorgio Armani, Cacharel, Ralph Lauren, Diesel and YSL Beauté in perfumeries and department stores, and The Body Shop in its own stores.
Research and innovation are at the core of L'Oréal's strategy. The Group has developed more than 120 new molecules over a period of 40 years. Research teams design new products in all areas of cosmetics: hair color, hair care, skincare, make-up and perfumes.
CONTACTS AT L'ORÉAL Individual shareholders and market authorities Mr. Jean Régis CAROF Phone: 01.47.56.83.02 jcarof@dgaf.loreal.com
Financial analysts and institutional investors M rs. Françoise LAUVIN Phone: +33.(0)1.47.56.86.82 flauvin@dgaf.loreal.com
For further information, please contact your bank, broker or financial institution (I.S.I.N. code: FR0000120321), and consult your usual newspapers, and the internet site for shareholders and investors, http://www.loreal-finance.com , or loreal-finance.com mobile edition on your PDA; alternatively, call +33.1.58.13.51.36. "This document does not constitute an offer to sell, or a solicitation of an offer to buy, L'Oréal shares. If you wish to obtain more comprehensive information about L'Oréal, please refer to the public documents registered in France with theAutorité des Marchés Financiers [which are also available in English on our Internet site: www.loreal-finance.com]. This document may contain some forward-looking statements. Although the Company considers that these statements are based on reasonable hypotheses at the date of publication of this release, they are by their nature subject to risks and uncertainties which could cause actual results to differ materiallyf rom those indicated or projected in these statements."
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