On August 28, European eyewear giant EssilorLuxottica announced the launch of a share buyback program.
The group has authorized an investment services institution to repurchase up to 5 million EssilorLuxottica shares starting that day, subject to market conditions, saying the move "demonstrates confidence in its own value-creation capability and long-term growth prospects."
Following the announcement, EssilorLuxottica shares rose accordingly, closing the day up about 2.4% at €161.35 per share compared with the previous day. On that basis, EssilorLuxottica's buyback could be worth more …
Subscribers-Only EssilorLuxottica Announces €800 Million Share Buyback Plan to Boost Shareholder Confidence
yunshan
Sep 1, 2026
1 min read
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