L'Oréal is primarily owned by a combination of shareholders, with the Bettencourt family holding the largest stake.
L'Oréal's Shareholder Structure
L'Oréal's ownership is distributed among several key shareholders as of December 31, 2023:
- Bettencourt family: Holds a significant 34.73% stake, making them the largest shareholder. This family's long-standing connection to the company significantly influences its direction.
- Nestlé: Owns a substantial 20.13% of L'Oréal's shares, representing a significant investment by the food and beverage giant.
- International Institutional Investors: Hold a considerable 30.7% of the shares, reflecting widespread global interest and confidence in the company's performance.
- French Institutional Investors: Own 6.63% of the shares, demonstrating strong domestic support for the French cosmetics giant.
- Individual Shareholders: Contribute 5.92% to the overall ownership, highlighting a diverse base of smaller investors.
- Employees: Hold a smaller 1.89% stake, demonstrating employee ownership and involvement in the company's success.
This diversified ownership structure provides stability and diverse perspectives to guide L'Oréal's strategies and future development.