Becoming a shareholder
Some 200,000 individual shareholders are already taking part in the L'Oréal adventure.
Why not you?
5 good reasons to become a L'Oréal Shareholder
To become a L'Oréal shareholder:
To become a bearer shareholder: you can make a direct request to your bank or financial institution for L’Oréal shares to be purchased on your behalf and register them on a securities account opened in your name.
To become a registered shareholder, directly listed on the L'Oréal books: you can contact our shareholder service on + 33 1 40 14 80 50 (from outside France) or write to the following address: Service Actionnaires de L'Oréal, BNP Paribas Securities Services GCT Emetteurs - Grands Moulins de Pantin - 9 rue du Débarcadère - 93761 PANTIN Cedex - France.
To find out about the advantages of either option, consult the section below on “How to choose your shareholding mode".
 ADVANTAGES |
 DISADVANTAGES |
|
| BEARER SHARES | ||
|---|---|---|
|
Trading on the stock market is "easy" and immediate Freedom of choice of financial intermediary Simplified portfolio management (possibility of grouping together all securities) |
Payment of custody fees No systematic communication by the issuing company Need to obtain a certificate for attendance at shareholders' meetings |
|
| MANAGED REGISTERED SHARES | ||
|
Freedom of choice of financial intermediary Simplified portfolio management (possibility of grouping together all securities) The issuing company regularly sends various corporate communications, and notice of shareholders' meeting |
Payment of custody fees (these may be increased) Possibility of longer operational times being required due to the complexity of circulation of information media (statement of registered references - bordereau de références nominatives - BRN) between the issuing company, Euroclear and the custodian |
|
| DIRECTLY REGISTERED SHARES | ||
|
No custody fees are payable No transfer fee from bearer shares to directly registered shares (L'Oréal will meet the cost up to a maximum of 50 euros, on presentation of the corresponding receipt). The company regularly sends various corporate communications, as well as notice of shareholders' meetings Preferential brokerage rate |
Impossibility of having only one securities account in the event of simultaneous management of several securities |
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For more information about directly registered shares and managed registered shares, see the Registered Shares and Loyalty Bonus page