• LVMH: Share buyback program

    Source: Nasdaq GlobeNewswire / 01 Mar 2023 01:31:04   America/Chicago

    Paris, March 1st, 2023

     

    In accordance with its share buyback program, LVMH Moët Hennessy Louis Vuitton S.E. (LVMH) has entrusted an investment services provider with a mandate for the acquisition of its own shares for a maximum amount of one billion five hundred million euros over a period beginning on March 1st, 2023 and ending on or before July 20th, 2023.

    The shares repurchased are intended to be cancelled.

    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, 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, Newton, Bodega Numanthia, Ao Yun, Château d’Esclans, Château Galoupet and Joseph Phelps. Its Fashion and Leather Goods division includes Louis Vuitton, Christian Dior, 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, Maison Francis Kurkdjian and Officine Universelle Buly. LVMH's Watches and Jewelry division comprises Bulgari, Tiffany & Co., TAG Heuer, Chaumet, 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, Starboard Cruise Services, Belmond and Cheval Blanc hotels.

      LVMH CONTACTS

     Analysts and investors
     Chris Hollis / Rodolphe Ozun
     LVMH
     + 33 1 44 13 21 22 / + 33 1 44 13 27 21
     Media
     Jean-Charles Tréhan
     LVMH
     + 33 1 44 13 26 20
     

    MEDIA CONTACTS
     
     France
     Charlotte Mariné / +33 6 75 30 43 91
    Axelle Gadala / +33 6 89 01 07 60
    Publicis Consultants
    +33 1 44 82 46 05
     France
     Michel Calzaroni / + 33 6 07 34 20 14
    Olivier Labesse / Hugues Schmitt / Thomas Roborel de Climens /
     + 33 6 79 11 49 71
     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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