26 Sep 2023 --- Coty has officially launched a significant global offering of 33 million outstanding Class A common stock shares. This comes after the cosmetics and fragrances giant announced in May that it would explore a dual listing in the French capital – home to many luxury houses, including LVMH and L’Oréal – to stimulate European investor interest. Following the company’s Monday announcement, Coty’s share price fell 1% to US$11.70.
