EssilorLuxottica Launches Share Buyback Program
Eyewear conglomerate EssilorLuxottica announced the launch of a share buyback program on February 13, 2026. The program authorizes the purchase of up to 5 million of the company's shares.
EssilorLuxottica announced on February 13, 2026, the commencement of a share buyback program. The company has mandated an investment services provider to acquire up to 5 million EssilorLuxottica shares, subject to market conditions, with the program beginning immediately.
The acquired shares are intended for distribution to employees and corporate officers. This includes allocations under profit-sharing plans, free share and performance share awards, stock option plans, and other employee shareholding initiatives. The program signals the company's confidence in its value creation capabilities and long-term prospects.
The share buyback is implemented in accordance with resolution 14 approved by the Annual General Meeting on April 30, 2025. EssilorLuxottica is a global leader in the eyewear industry, formed by the merger of lens manufacturer Essilor and eyewear designer and manufacturer Luxottica.