EssilorLuxottica’s Share Buyback Program: A Bold Move or a Desperate Attempt?

In a move that has sent shockwaves through the financial markets, EssilorLuxottica SA has embarked on a massive share buyback program. Between April 22 and 28, 2025, the company has been actively buying back its own shares, a move that is in line with the authorization granted by its Annual Shareholders’ Meeting in April 2024.

But is this a bold move to boost investor confidence or a desperate attempt to prop up a flagging stock price? The company’s stock has been on a wild ride, with a recent high of 298 in February 2025 and a low of 188.25 in July 2024. The current market capitalization of EssilorLuxottica SA stands at a staggering 115 billion euros.

The company’s price-to-earnings ratio of 40.57 is a clear indication that investors are valuing the company’s shares at a premium. But is this valuation justified? Or is the company’s management resorting to desperate measures to prop up the stock price?

The Numbers Don’t Lie

Here are the key numbers that tell the story:

• Market capitalization: 115 billion euros
• Price-to-earnings ratio: 40.57
• Recent high: 298 (February 2025)
• Recent low: 188.25 (July 2024)

A Question of Confidence

The question on everyone’s mind is: what does this share buyback program say about the company’s confidence in its own stock price? Is the company’s management confident that the stock price will continue to rise, or are they trying to artificially prop it up?

Only time will tell, but one thing is certain: the financial markets are watching EssilorLuxottica SA’s every move closely.