PARIS—EssilorLuxottica (Reuters: ESLX.PA) has announced the launch of a share buyback program, reflecting what the group noted as “confidence in its value creation and long-term prospects.” With a view to implementing this share buyback program, EssilorLuxottica has granted a mandate to an investment services provider to purchase up to 5 million EssilorLuxottica shares, depending on market conditions, starting August 28, 2026, according to the announcement. In late July, EssilorLuxottica announced its second quarter and first-half 2026 financial results for the period ended June 30, 2026.
During the initial six months of the year, revenue grew by 5.7 percent year-over-year to €14,818 million, representing a 9.7 percent increase at constant exchange rates with broad-based contributions from all business segments and regions, the company said. For the second quarter, the group recorded €7,692 million in revenue, marking a year-over-year increase of 7.2 percent and an 8.7 percent rise at constant exchange rates.
