Implementation of LVMH share buyback program
21 Dezembro 2021 - 4:29AM
Implementation of LVMH share buyback program
Paris, December 21st, 2021
As part of its share buyback program, LVMH Moët
Hennessy Louis Vuitton S.E. (LVMH) has granted today an irrevocable
mandate to an investment services provider for the acquisition of a
maximum of €300m of LVMH shares over a period starting from
December 21st, 2021 and which could last up until February 15th,
2022.
The price of the shares bought under this
mandate shall not exceed €950 per LVMH share as fixed by the Annual
General Meeting of May 28th, 2021. The shares so acquired are
intended to be cancelled.
Over this period, the price paid by LVMH will be
determined on the base of the volume weighted average price.
LVMH LVMH Moët Hennessy Louis
Vuitton is represented in Wines and Spirits by a portfolio of
brands that includes Moët & Chandon, Dom Pérignon, Veuve
Clicquot Ponsardin, Krug, Ruinart, Mercier, Château d’Yquem,
Domaine du Clos des Lambrays, Château Cheval Blanc, Colgin Cellars,
Hennessy, Glenmorangie, Ardbeg, Belvedere, Woodinville, Volcán de
Mi Tierra, Chandon, Cloudy Bay, Terrazas de los Andes, Cheval des
Andes, Cape Mentelle, Newton, Bodega Numanthia, Ao Yun, Château
d'Esclans and Château du Galoupet. Its Fashion and Leather Goods
division includes Louis Vuitton, Christian Dior Couture, Celine,
Loewe, Kenzo, Givenchy, Fendi, Emilio Pucci, Marc Jacobs, Berluti,
Loro Piana, RIMOWA, Patou. LVMH is present in the Perfumes and
Cosmetics sector with Parfums Christian Dior, Guerlain, Parfums
Givenchy, Kenzo Parfums, Perfumes Loewe, Benefit Cosmetics, Make Up
For Ever, Acqua di Parma, Fresh, Fenty Beauty by Rihanna and Maison
Francis Kurkdjian. LVMH's Watches and Jewelry division comprises
Bvlgari, Tiffany & Co, TAG Heuer, Chaumet, Dior Watches,
Zenith, Fred and Hublot. LVMH is also active in selective retailing
as well as in other activities through DFS, Sephora, Le Bon Marché,
La Samaritaine, Groupe Les Echos, Cova, Le Jardin d’Acclimatation,
Royal Van Lent, Belmond and Cheval Blanc hotels.
LVMH CONTACTS
Analysts and investors Chris Hollis LVMH+ 33 1 44
13 21 22 |
Media Jean-Charles Tréhan LVMH + 33 1 44 13 26
20 |
MEDIA CONTACTS |
|
France Aymeric Granet Brune Diricq / Charlotte
Mariné Publicis Consultants + 33 1 44 82 47 20 |
France Michel Calzaroni / Olivier Labesse / Hugues
Schmitt / Thomas Roborel de Climens DGM Conseil + 33 1 40 70 11
89 |
Italy Michele Calcaterra, Matteo Steinbach SEC and
Partners + 39 02 6249991 |
UK Hugh Morrison, Charlotte McMullen Montfort
Communications+ 44 7921 881 800 |
US Nik Deogun / Blake Sonnenshein Brunswick Group+
1 212 333 3810 |
China Daniel Jeffreys Deluxewords
+44 772 212 6562 +86 21 80 36 04 48 |
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