Shenhao starts from system downtime

Chapter 1444 Stock Repurchase
"Chairman Paul, I wonder if you have noticed that the stock price of our L'Oreal Group has been a little abnormal in recent days?"

Facing Paul's question, Françoise didn't make any detours and said straight to the point.

"Director Françoise, I have sent someone to investigate the abnormal stock price fluctuations of our L'Oreal Group in recent days. When you came just now, I was discussing this matter with my subordinates."

Paul nodded slightly, and responded like this in his mouth.

"It's good that you pay attention."

"Now that the Nestle Group has just lifted the ban, I have tried it several times, and the attitude of the other party is always a bit ambiguous, so we must be more vigilant at the moment, and we should take it seriously if there is any trouble in the stock market, in case the Nestle Group wants to Let the dove occupy the magpie's nest."

Seeing that Paul had already paid attention to this matter and started to investigate and deal with it, Françoise couldn't help but ease the seriousness on her face.

"Director Françoise, I can understand your concerns."

"Although the stock price of our L'Oreal Group has fluctuated somewhat abnormally this time, the fluctuation is still within a reasonable range. As you just said, the Nestle Group has just lifted the ban, and some international speculators may I just want to use this news to make some articles."

Seeing that Françoise's expression softened, Paul immediately comforted Françoise with a few words.

Because Nestle Group's shareholding in L'Oreal Group has just been lifted, Françoise's sensitive nerves have been tense in recent days, so in the recent period, the number of times Francoise called him has increased significantly compared to before. Many, Paul can understand Françoise's performance.

After all, as the largest food company in the world, Nestle Group has a market value of more than 4000 billion U.S. dollars, and its strength in all aspects is even better than that of L'Oreal Group. Now the side of the Bettencourt family has such an ambiguous attitude , The exceptionally strong partner is sleeping soundly, it is strange that Françoise can feel at ease.

"There is indeed a possibility of what you said, but it is always right to be cautious." After Françoise finished speaking, he paused, and then said again: "Chairman Paul, just to be on the safe side, I plan to Repurchase some stocks in the secondary market."

"Stock buybacks?"

When Paul heard Françoise's plan, he frowned slightly, and then said with some hesitation: "Director Françoise, judging from the current situation, the stock repurchase is somewhat unnecessary."

Paul has been in the shopping malls for decades, and has been surrounded by laurels such as "Best Manager in France", "Best Manager in Europe", and "Best Manager in the World". Naturally, he knows very well what stock repurchases mean to a company .

Stock repurchases require a large amount of funds to pay for the repurchase costs, which can easily cause a shortage of funds for the company, reduce the liquidity of assets, and affect the subsequent development of the company.At the same time, stock repurchase means that shareholders withdraw their shares and reduce the capital of the enterprise, which not only weakens the protection of the interests of creditors to a certain extent, but also affects the long-term development of the enterprise, thereby damaging the fundamental interests of the enterprise.

All in all, under non-essential circumstances, stock repurchase will definitely do more harm than good to the company, and Paul, as the chairman of the L'Oreal Group, naturally resists this kind of behavior that harms the overall interests of the company.

"Chairman Paul, I know that the stock repurchase will have a certain impact on the L'Oreal Group, but extraordinary times call for extraordinary measures. Recently, I have always been restless, and sometimes I often suffer from insomnia all night."

"The L'Oreal Group was founded by my maternal grandfather. Now, as the leader of the Bettencourt family, I have the obligation and responsibility to continue the L'Oreal Group from my hands, so I hope Chairman Paul can understand my feelings at the moment .”

"Stock repurchase, I have decided!"

At the end, Françoise's tone was exceptionally firm.

"Hey……"

The matter had come to this point, and Paul knew that it was useless to say anything else.

In Françoise's eyes, the interests of the Bettencourt family are the most important, so in order to protect the interests of the Bettencourt family from infringement, even if they lose some of the interests of the L'Oreal Group, they will not hesitate.

If Paul is the chairman with real power, he can naturally reject Françoise's request directly, but Paul is just a manager, and he has no room to resist in the face of a major shareholder like Françoise.

"Chairman Paul, the stock repurchase is only temporary. After the situation stabilizes, we can reissue the stock again. As for the losses of the shareholders in the board of directors this time, our Bettencourt family will give you corresponding compensation."

Seeing Paul sigh, Françoise knew that her behavior was indeed inappropriate, but it was impossible to change her mind, so she could only use this method to calm people's hearts a little.

"Ok."

"Since Director Françoise has already decided, I will proceed to do it here."

From a small salesman to the chairman's seat, Paul naturally has a strong ability to regulate his own emotions, so when he realized that the outcome of this matter was destined to be unchangeable, he adjusted his state and began to think. How to minimize this loss.

"Chairman Paul, the stock repurchase must be fast, and the sooner the better."

Françoise looked straight into Paul's eyes and said in a solemn tone.

"it is good."

Paul nodded in agreement.

"One more thing, I hope Chairman Paul can do me a favor."

When Françoise saw Paul answer, she pondered for a moment, and then spoke again.

"Director Françoise, please speak."

Paul said without hesitation.

"I hope you can help me pay attention to other shareholders in your daily work. If any shareholder is abnormal, please tell me in time."

Françoise did not speak too bluntly, but she believed that Paul would understand her meaning.

In fact, Paul really understood what Françoise meant.

"Okay, don't worry."

"If there is any abnormal situation, I will definitely report to you as soon as possible."

Paul nodded slightly, and said again.

On this matter, the two chatted for a while.

After talking about this matter, Françoise didn't stay any longer, she got up and walked towards the door, while Paul stayed by Françoise's side until she sent her to the elevator.

"Paul, I hope you will not disappoint the trust that my mother and I have placed in you over the years."

Before leaving, Françoise stood in front of the elevator. He looked straight into Paul's eyes and said in a meaningful tone.

When Paul heard this, he didn't say anything, but bowed respectfully to Françoise, everything was kept silent.

Seeing this, Françoise's eyes flashed with satisfaction, and without further delay, she took the elevator and left the L'Oreal Group headquarters.

(End of this chapter)