Are there any changes to the dividend policy or share repurchase program announced during the webcast?

Based on the limited information released in the webcast announcement, there is no mention of any modification to Estée Lauder’s dividend payout or its share‑repurchase program. The notice only confirms the date, time and participants for the earnings call and highlights that the discussion will focus on Q4 and full‑year results, outlook and recent corporate developments. In other words, the company has not signaled any change to its capital‑return policy as of the webcast invitation.

From a trading standpoint, the absence of a dividend‑or repurchase update means the market will likely price the stock based on earnings guidance, margin trends and the forward‑looking strategic narrative rather than on a shift in cash‑return mechanics. Investors should watch the actual earnings call for any subtle hints (e.g., increased free cash flow that could enable a larger buy‑back or a higher payout ratio) but, pending an explicit announcement, the current dividend yield and buy‑back cadence remain unchanged. In the interim, technical levels around the 200‑day moving average and recent support zones should guide short‑term entry/exit decisions, while the fundamentals (steady revenue growth and strong brand positioning) continue to underpin the stock’s longer‑term valuation.