|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||113.50 - 116.65|
|52 Week Range||86.76 - 145.00|
|Beta (5Y Monthly)||0.76|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 31, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||May 21, 2019|
|1y Target Est||124.83|
Disclosure of Share Capital and Voting Rights Outstanding as of September 30, 2020(Pursuant to Article L.233-8 II of the French Commercial Code and articles 221-1 and 223-16 of the General Regulations of the Autorité des Marchés Financiers)Charenton-le-Pont, France (October 7, 2020 - 6:00 pm) \- As of September 30, 2020, shares and voting rights outstanding of EssilorLuxottica, the global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses, breaks down as indicated below. September 30, 2020 Shares outstanding 437,585,5861 Number of real voting rights (excluding treasury shares)435,254,168 Theoretical number of voting rights (including treasury shares)437,585,586 It is to be noted that voting rights are capped at 31%, applicable to any shareholder, in accordance with a formula contained in article 23 of EssilorLuxottica’s by-laws2.For further information, please consult the Prospectus which received Visa No. 18-460 from the AMF on September 28, 2018 and its Securities Note Supplement which received Visa No. 18-494 from the AMF on October 23, 2018, available on the website www.essilorluxottica.com.EssilorLuxottica is a global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses. Formed in 2018, its mission is to help people around the world to see more, be more and live life to its fullest by addressing their evolving vision needs and personal style aspirations. The Company brings together the complementary expertise of two industry pioneers, one in advanced lens technology and the other in the craftsmanship of iconic eyewear, to set new industry standards for vision care and the consumer experience around it. Influential eyewear brands including Ray-Ban and Oakley, lens technology brands including Varilux® and Transitions®, and world-class retail brands including Sunglass Hut and LensCrafters are part of the EssilorLuxottica family. In 2019, EssilorLuxottica had over 150,000 employees and consolidated revenues of Euro 17.4 billion. The EssilorLuxottica share trades on the Euronext Paris market and is included in the Euro Stoxx 50 and CAC 40 indices. Codes and symbols: ISIN: FR0000121667; Reuters: ESLX.PA; Bloomberg: EL:FP. CONTACTSEssilorLuxottica Investor Relations (Charenton-le-Pont) Tel: + 33 1 49 77 42 16 (Milan) Tel: + 39 (02) 8633 4870 E-mail: email@example.comEssilorLuxottica Corporate Communications/ Media Relation (Charenton-le-Pont) Tel: + 33 1 49 77 45 02 (Milan) Tel: + 39 (02) 8633 4470 E-mail: firstname.lastname@example.org * * * 1 Including 21,155 shares delivered but not yet registered. 2 EssilorLuxottica’s by-laws are available on the Company’s website under the section Governance / Publications or by clicking here. Attachment * DOWNLOAD PDF VERSION OF THE NEWS RELEASE
(Bloomberg) -- Facebook Inc. is teaming up with the maker of Ray-Bans to develop smart glasses that would let wearers use apps to connect to their friends and family.Founder Mark Zuckerberg announced the linkup with EssilorLuxottica SA, the world’s largest maker of eyewear, Wednesday at Facebook’s annual conference on new technologies, in an attempt to popularize intelligent glasses with help from the Ray-Ban brand.The two companies are entering a field marked by repeated flops, including high-profile efforts like Intel Corp.’s Vaunt glasses and the Google Glass project spearheaded by Alphabet Inc. co-founder Sergey Brin. The latter product raised privacy concerns and some critics complained its design looked geeky.Google pulled the plug on the consumer headset years ago, however an enterprise edition of Glass has found a welcoming home in warehouses, factories and shipping depots, helping guide employees around the workplace.Facebook’s smart glasses will allow wearers to use communication apps, The Menlo Park, California company said. Interest in augmented-reality applications and wearable devices is high among most technology companies, and smart glasses form the nexus of the two. Specifications and pricing for the product of Facebook and Luxottica’s collaboration will be announced ahead of the launch, scheduled for next year.(Updates with additional background on smart glasses category from third paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Facebook Inc (NASDAQ: FB) has entered into a multiyear collaboration with EssilorLuxottica to develop smart glasses.What Happened: The partnership between the two companies was announced by the social media company's CEO Mark Zuckerberg at its virtually held Facebook Connect annual conference in California, EssilorLuxottica said in a statement."With EssilorLuxottica we have an equally ambitious partner who'll lend their expertise and world-class brand catalogue to the first truly fashionable smart glasses," Facebook Reality Labs Vice President Andrew Bosworth said.Why It Matters: The Franco-Italian the eyewear giant EssilorLuxottica said the first product will carry the Ray-Ban brand and is set to launch in 2021.Facebook-owned Oculus also introduced its Quest 2 virtual reality headset on Wednesday, which will retail for $299 and will begin shipping Oct. 13.Virtual reality and augmented space have been gathering steam with Apple Inc (NASDAQ: AAPL) said to be working on a headset and Apple Glasses. The Cupertino-based tech giant acquired Spaces last month, a company that has created VR extensions for video chat services of Zoom Video Communications (NASDAQ: ZM) and Microsoft Corporation (NASDAQ: MSFT).Price Action: Facebook shares closed nearly 3.3% lower at $263.52 on Wednesday and gained almost 0.3% in the after-hours session.See more from Benzinga * JPMorgan's Back-To-Office Plan Gets A Pandemic-Sized Setback * What JPMorgan Has To Say About Young Employees Working From Home * Facebook Launches Resource Center To Fight Climate Misinformation(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.