EQUITY

Common Stock

As of September 30, 2018, the Company’s common stock consisted of Class A Common Stock with a par value of $0.01 per share. The holders of Class A Common Stock are entitled to one vote per share. As of September 30, 2018, total authorized shares of Class A Common Stock was 1,000.0 million and total outstanding shares of Class A Common Stock was 750.8 million.

The Company’s largest stockholder is JAB Cosmetics B.V. (“JABC”), which owns approximately 39% of Coty’s Class A shares as of September 30, 2018. Both JABC and the shares of the Company held by JABC are indirectly controlled by Lucresca SE, Agnaten SE and JAB Holdings B.V. (“JAB”). During the three months ended September 30, 2018, JABC acquired 2.6 million shares of Class A Common Stock in open market purchases on the New York Stock Exchange. The Company did not receive any proceeds from these stock purchases conducted by JABC.

Preferred Stock

As of September 30, 2018, total authorized shares of preferred stock are 20.0 million. The only class of Preferred Stock that is outstanding as of September 30, 2018 is the Series A Preferred Stock with a par value of $0.01 per share. As of September 30, 2018, total authorized shares of Series A Preferred Stock are 6.3 million and total outstanding shares of Series A Preferred Stock are 5.0 million. The Series A Preferred Stock is not entitled to receive any dividends and has no voting rights except as required by law.

Of the 5.0 million outstanding shares of Series A Preferred Stock, 1.0 million shares vested on March 27, 2017, 1.7 million shares vest on April 15, 2020, 1.0 million shares vest on November 25, 2021, 0.3 million shares vest on February 16, 2022 and 1.0 million vest on November 16, 2022. As of September 30, 2018, the Company classified $2.6 of Series A Preferred Stock as equity, and $4.3 as a liability recorded in Other noncurrent liabilities in the Condensed Consolidated Balance Sheet.

Treasury Stock - Share Repurchase Program

On February 3, 2016, the Board authorized the Company to repurchase up to $500.0 of its Class A Common Stock (the “Incremental Repurchase Program”). Until October 1, 2018, repurchases were subject to certain restrictions imposed by the tax matters agreement, dated October 1, 2016, as amended, between the Company and P&G entered into in connection with the P&G Beauty Business acquisition. Following October 1, 2018, repurchases may be made from time to time at the Company’s discretion, based on ongoing assessments of the capital needs of the business, the market price of its Class A Common Stock, our deleveraging strategy, and general market conditions. For the three months ended September 30, 2018, the Company did not repurchase any shares of its Class A Common Stock. As of September 30, 2018, the Company had $396.8 remaining under the Incremental Repurchase Program.

Dividends

The following dividends were declared during the three months ended September 30, 2018:

Declaration Date

Dividend Type

Dividend Per Share

Holders of Record Date

Dividend Value

Dividend Payment Date

Dividends Paid

Dividends Payable ^(a)

Fiscal 2019

August 21, 2018

Quarterly

0.125

August 31, 2018

94.6

September 14, 2018

93.8

0.8


^(a)	The dividend payable is the value of the remaining dividends payable upon settlement of the RSUs and phantom units outstanding as of the Holders of Record Date.

Total accrued dividends on unvested RSUs and phantom units of $1.6 and $4.6 are included in Accrued expenses and other current liabilities and Other noncurrent liabilities, respectively, in the Condensed Consolidated Balance Sheet as of September 30, 2018.

Accumulated Other Comprehensive Income (Loss)



				Foreign Currency Translation Adjustments
	Gain on Cash Flow Hedges			Gain on Net Investment Hedge		Other Foreign Currency Translation Adjustments			Pension and Other Post-Employment Benefit Plans		Total
Balance—July 1, 2018	$	31.7		$	115.0	$	(44.3	)	$	56.4	$	158.8
Other comprehensive income (loss) before reclassifications	3.9			4.3		(53.4		)	0.1		(45.1		)
Net amounts reclassified from AOCI/(L)	(2.9		)	—		—			—		(2.9		)
Net current-period other comprehensive income (loss)	1.0			4.3		(53.4		)	0.1		(48.0		)
Balance—September 30, 2018	$	32.7		$	119.3	$	(97.7	)	$	56.5	$	110.8



				Foreign Currency Translation Adjustments
	Gain (Loss) on Cash Flow Hedges			Loss on Net Investment Hedges			Other Foreign Currency Translation Adjustments			Pension and Other Post-Employment Benefit Plans		Total
Balance—July 1, 2017	$	12.6		$	(23.7	)	$	(20.8	)	$	36.3	$	4.4
Other comprehensive (loss) income before reclassifications	—			(22.1		)	260.6			0.7		239.2
Net amounts reclassified from AOCI/(L)	(0.1		)	—			—			—		(0.1		)
Net current-period other comprehensive (loss) income	(0.1		)	(22.1		)	260.6			0.7		239.1
Balance—September 30, 2017	$	12.5		$	(45.8	)	$	239.8		$	37.0	$	243.5