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.
Paul J Fribourg bought 44,000 shares of EL on 6 February at $66.34 per share, worth a total of $2.9M. They now own 474,800 EL shares, or a 10% holding increase.
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