The Estée Lauder Companies, headquartered in New York City, manufactures skin care, makeup, fragrance, and hair care products, employing 62,000 people and selling globally under numerous brand names. Its product range includes moisturizers, lipsticks, and sun care items, available in approximately 150 countries.
Jane Lauder sold 15,699 shares of EL on 21 August at $88.23 per share, worth a total of $1.4M. They now own 58,763 EL shares, or a 21% holding decrease.
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