Company News, Financial News

L’Oréal ESOP Expands

Will offer 500,000 shares around the world.

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By: TOM BRANNA

Editor

Act like an owner. That sage advice is easier for L'Oréal employees who continue to own a bigger share of the world's biggest beauty company.  L’Oréal s launching a second employee share ownership plan, which will be introduced in 57 countries. Group employees will be able to buy 500,000 shares at a discounted rate, under the plan terms. The subscription period will run from September 17 to October 2, and settlement is scheduled for November 3.The shares will trade on the Euronext s...

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