LOREAL_Registration_Document_2017

4 2017 Consolidated Financial Statements* NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

The change in Treasury stock in 2017 is 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 2,846,604 771,125

133.6 -499.2 -77.2 499.2

-2,846,604

Options and free shares exercised

-986,220

Treasury stock purchased

2,846,604

AT 31.12.2017

-

771,125

56.5

€ millions

-

56.5

56.5

2016 b) 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

AT 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

€ millions

-

133.6

133.6

2015 c) The change in the number of shares in 2015 was as follows:

Common shares outstanding 554,241,878

Share capital 561,230,389

Treasury stock -6,988,511

In shares

AT 01.01.2015 Shares cancelled

-2,905,000 4,657,959

2,905,000 1,088,341

Options and free shares exercised

5,746,300

Treasury stock purchased AT 31.12.2015

562,983,348

-2,995,170

559,988,178

The change in Treasury stock in 2015 was as follows:

Allocated to stock option/ free-share plans

Total

Buyback programme

€ millions

In shares

AT 01.01.2015 Shares cancelled

2,905,000 -2,905,000

4,083,511

6,988,511 -2,905,000 -1,088,341

683.0 -363.4

Options and free shares exercised

-1,088,341

-86.3

Treasury stock purchased

-

AT 31.12.2015

-

2,995,170

2,995,170

233.3

€ millions

-

233.3

233.3

REGISTRATION DOCUMENT / L'ORÉAL 2017

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