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The Estée Lauder Companies Inc. issued 11,034,685 shares of Class A Common Stock to trusts affiliated with descendants… EL Estee Lauder Companies Inc
The Estée Lauder Companies Inc. issued 11,034,685 shares of Class A Common Stock to trusts affiliated with descendants of Leonard A. Lauder following the conversion of Class B shares. These stockholders have entered into an underwriting agreement with J.P. Morgan Securities LLC to sell 11,301,323 shares of Class A Common Stock at $89.70 per share. The company will receive no proceeds from this transaction.
More from Estee Lauder Companies Inc Estée Lauder sets fiscal 2030 ambition for mid-single-digit organic sales growth, 16.5%-18.5% adjusted operating margin Nov 4, 2026 Estée Lauder reports Q1 net sales of $3.7B and raises full-year outlook Nov 2, 2026 The Estée Lauder Companies Inc. reported fiscal 2026 full-year net sales of $15.0 billion, a 5% increase, with organic… Aug 19, 2026 Jennifer Hyman, a member of the Board of Directors and member of the Audit and Nominating and ESG Committees, notified… Jul 24, 2026 The Estée Lauder Companies Inc. provided updated details regarding its Profit Recovery and Growth Plan (PRGP)… Jul 7, 2026 All content on this site is for informational purposes only and does not constitute financial, investment, legal, or tax advice. Past performance is not indicative of future results. Always consult a qualified financial advisor before making investment decisions.
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