L'ORÉAL : SHARE BUYBACK - From May 14th to May 18th, 2018
May 21 2018 - 8:50AM
Société anonyme au
capital de 112 103 817,60 €
Siège social : 14, rue Royale, 75008
Paris
632 012 100 R.C.S. Paris
Legal Entity Identifyer:
529900JI1GG6F7RKVI53
DISCLOSURE OF SHARE BUYBACK
From May 14th to May
18th
2018
The Board of Directors has decided
on April 17th 2018, under
the authorisation voted by the Annual General Meeting of 20 April
2017, to set up a share buyback programme amounting to a maximum of
500 million euros during the second quarter of 2018. All the shares
bought back will be cancelled (1).
((1) The L'Oréal
Registration Document filed with the AMF (Autorité des Marchés
Financiers) on 14 March 2017 includes, on pages 338 and 339, 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 100 years. With its unique international portfolio
of 34 diverse and complementary brands, the Group generated sales
amounting to 26.02 billion euros in 2017 and employs 82 600 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 3 885 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.www.loreal.com
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."
From May 14th to May 18th
2018
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: L'ORÉAL via Globenewswire
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