• Implementation of LVMH share buyback program

    Source: Nasdaq GlobeNewswire / 21 Dec 2021 02:29:02   America/New_York

    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
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    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
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    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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