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| EL > SEC Filings for EL > Form 8-K on 1-Nov-2012 | All Recent SEC Filings |
1-Nov-2012
Results of Operations and Financial Condition, Other Events, Financial
On November 1, 2012, The Estée Lauder Companies Inc. (the "Company") issued a press release announcing its financial results for the fiscal quarter ended September 30, 2012. The release also includes the Company's estimates related to its fiscal 2013 second quarter and full year net sales and diluted net earnings per common share. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
On November 1, 2012, the Company announced that its Board of Directors took the
following actions:
(a) declared a dividend in the amount of $0.72 per share on the Company's
Class A and Class B Common Stock, which is payable in cash on December 17,
2012 to stockholders of record at the close of business on November 30,
2012;
(b) authorized the payment of quarterly dividends to begin in the quarter ending March 31, 2013; and
(c) authorized the repurchase of up to another 40.0 million shares of Class A Common Stock (or about 16.8% of the total outstanding shares of Class A Common Stock as of October 25, 2012). This increases the total authorization to 216.0 million shares of Class A Common Stock, of which 163.9 million have been repurchased to date. As of October 25, 2012, the Company has a total of approximately 237.4 million shares of Class A Common Stock and 149.8 million shares of Class B Common Stock outstanding.
(d) Exhibits
Exhibit No. Description
99.1 Press Release, dated November 1, 2012, of The Estée Lauder Companies Inc.
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