L'Oréal - 2018 Registration Document

2018 Consolidated Financial Statements NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

2017 b) The change in the number of shares in 2017 was as follows:

Common shares outstanding 560,098,396 2,496,171 -2,846,604 559,747,963

Share capital 561,855,741

Treasury stock -1,757,345

In shares

AT 01.01.2017 Shares cancelled

-2,846,604 1,509,951

2,846,604

Options and free shares exercised

986,220

Treasury stock purchased

-2,846,604 -771,125

AT 31.12.2017

560,519,088

The change in Treasury stock in 2017 was as follows:

Allocated to stock option/ free-share plans

Total

Buyback programme

€ millions

In shares

AT 01.01.2017 Shares cancelled

1,757,345

1,757,345 -2,846,604 -986,220 2,846,604

133.6 -499.2 -77.2 499.2

-2,846,604

Options and free shares exercised

-986,220

Treasury stock purchased

2,846,604

4

AT 31.12.2017

-

771,125

771,125

56.5

-

56.5

56.5

€ millions

2016 c) The change in the number of shares in 2016 was as follows:

Common shares outstanding 559,988,178 3,312,718 -3,202,500 560,098,396

Share capital 562,983,348

Treasury stock -2,995,170 3,202,500 1,237,825 -3,202,500 -1,757,345

In shares

AT 01.01.2016 Shares cancelled

-3,202,500 2,074,893

Options and free shares exercised

Treasury stock purchased

31.12.2016

561,855,741

The change in Treasury stock in 2016 was as follows:

Allocated to stock option/ free-share plans

Total

Buyback programme

€ millions

In shares

AT 01.01.2016 Shares cancelled

2,995,170

2,995,170 -3,202,500 -1,237,825 3,202,500 1,757,345

233.3 -499.5 -99.7 499.5 133.6

-3,202,500

Options and free shares exercised

-1,237,825

Treasury stock purchased

3,202,500

AT 31.12.2016

-

1,757,345

-

133.6

133.6

€ millions

REGISTRATION DOCUMENT / L'ORÉAL 2018

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