Essilor Cancels 1,600,000 Shares
CHARENTON-LE-PONT,
to shareholders to offset the dilutive impact of Oceane bond conversions and
the Company’s stock option plans.
These latest cancellations concerned shares acquired under the 6.9
million share buyback program authorized by the Board of Directors on
15, 2008
due in 2010. To date, a total of 1.5 million shares have been bought back
under this program.
At the same time, in line with its standard practice, Essilor has
cancelled shares bought back on the market in order to offset the dilutive
impact of its stock option plans, and also of its performance share plans
which are covered by shares held in treasury stock.
Following these cancellations, Essilor’s capital is represented by
210,445,678 shares.
Essilor International is the world leader in ophthalmic optical products,
offering a wide range of lenses under the flagship Varilux(R), Crizal(R),
Essilor(R) and Definity(R) brands to correct myopia, hyperopia, presbyopia
and astigmatism. Essilor operates worldwide through 15 production sites, 270
lens finishing laboratories and local distribution networks. The Essilor
share trades on the Euronext Paris market and is included in the CAC 40 index
(ISIN: FR 0000121667; Reuters: ESSI.PA; Bloomberg: EF FP).
Investor Relations and Financial Communications
Phone: +33(0)1-49-77-42-16
http://www.essilor.com
SOURCE Essilor