L'ORÉAL : SHARE BUYBACK - From February 20th 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 20 th to February 24 th , 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.
About L'Oréal
L'Oréal has devoted itself to beauty for over 105 years. With its unique international portfolio of 32 diverse and complementary brands, the Group generated sales amounting to 25.84 billion euros in 2016 and employs 82,900 people worldwide. As the world's leading beauty company, L'Oréal is present across all distribution networks: mass market, department stores, pharmacies and drugstores, hair salons, travel retail, branded retail and e-commerce. Research and innovation, and a dedicated research team of 3,870 people, are at the core of L'Oréal's strategy, working to meet beauty aspirations all over the world. L'Oréal's sustainability commitment for 2020 "Sharing Beauty With All" sets out ambitious sustainable development objectives across the Group's value chain.
CONTACTS AT L'ORÉAL Individual shareholders and market authorities Mr. Jean Régis CAROF Phone: +33 (0)1.47.56.83.02 jcarof@dgaf.loreal.com
Financial analysts and institutional investors Mrs. 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 the Autorité 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 materially from those indicated or projected in these statements."
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