Core Points - L'Oréal has launched its fifth employee share ownership plan, allowing employees to purchase shares and participate in the company's development [1][2] - The plan will be available in 62 countries and offers a maximum of 300,000 shares, which is an increase of 25,000 shares compared to the previous year [1][2][7] - Currently, over 45,000 employees, nearly half of the workforce, are shareholders, reflecting the company's commitment to sharing economic value [2] Financial Details - The share purchase price is based on the average opening price of L'Oréal shares on the Euronext Paris exchange over the twenty trading days prior to June 6, 2025, with a 20% discount applied [3] - The subscription period for the share purchase will run from June 11, 2025, to June 25, 2025, with settlement planned for July 29, 2025 [7] Company Overview - L'Oréal has been a leader in the beauty industry for 115 years, focusing on fulfilling consumer beauty aspirations while committing to social and environmental sustainability [5] - The company generated sales of €43.48 billion in 2024 and employs over 90,000 people globally [6]
L’ORÉAL ANNOUNCES LAUNCH OF NEW EMPLOYEE SHARE PLAN