Analyst Research

Report Title Price
Provider: Reuters Investment Profile
$20.00
Provider: Pechala's Reports
$15.00
Provider: Pechala's Reports
$25.00
Provider: Reuters Investment Profile
$20.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Luxottica Group SpA Authorizes Establishment of EUR 2 Billion Medium Term Note Programme; Approves FY 2012 Dividend Distribution


Monday, 29 Apr 2013 12:16pm EDT 

Luxottica Group SpA announced that the Board of Directors has authorized the establishment of a EUR 2,000,000,000 Euro Medium Term Note Programme pursuant to which Luxottica Group may from time to time offer notes to institutional investors in certain jurisdictions (excluding the United States). The notes issued under this program are expected to be listed on the Luxembourg Stock Exchange. The Annual General Meeting of Stockholders of Luxottica Group SpA also approved the distribution for fiscal year 2012 of a cash dividend of EUR 0.58 per ordinary share, reflecting a year-overyear increase of 18%. The aggregate dividend amount is approximately EUR 270 million. The cash dividend will be payable on May 23, 2013 (the coupon detachment date will be May 20, 2013 pursuant to the Borsa Italiana calendar with a record date of May 22, 2013). Regarding the American Depositary Receipts (ADRs) listed on the New York Stock Exchange, the record date will be May 22, 2013 and, according to Deutsche Bank Trust Company Americas (the depositary bank for the ADR program), the payment date for the dividend in USD is expected to be May 31, 2013 at the EUR/USD exchange rate as of May 23, 2013. 

Company Quote

56.09
0.25 +0.45%
11 Jul 2014