Posted Jan 28, 2022, 1:18 PMUpdated Jan 28, 2022, 4:52 PM
” Because you worth it. The shareholders of L’Oréal could take over the slogan of the most famous cosmetic brand. It must be said that the Clichy-based company was particularly generous with them last year: it paid them more than 12 billion euros. This is the equivalent of nearly one in five euros of all sums dedicated to shareholders by CAC 40 companies last year, according to the Letter Vernimmen.
Most of the shareholders of the cosmetics group, third capitalization of the Paris Stock Exchange, however, did not directly see the essence of this windfall. Three-quarters of this was devoted to the purchase of part of Nestlé’s historical stake in the capital of the French group, i.e. nearly 9 billion euros for 22 million shares which will all be canceled by next summer. The key is a mechanical increase in earnings per share of more than 4% which should delight all shareholders.