Key Developments: LVMH Moet Hennessy Louis Vuitton SA (LVMH.PA)
137.40EUR
11:37am EDT
€-4.40 (-3.10%)
€141.80
€137.00
€138.15
€135.60
1,046,697
829,855
€143.40
€111.00
Latest Key Developments (Source: Significant Developments)
LVMH Moet Hennessy Louis Vuitton SA Announces FY 2012 Dividend Payment
LVMH Moet Hennessy Louis Vuitton SA announced that at the Annual Shareholders' Meeting held on April 18, 2013, approval was given for the payment of a dividend for financial year 2012 of EUR 2.90 per share. Taking into account the EUR 1.10 paid on December 4, 2012, the balance of EUR 1.80 will be paid on April 25, 2013. The last trading day with dividend rights is April 19, 2013. Full Article
LVMH Moet Hennessy Louis Vuitton SA Announces FY 2012 Dividend Proposal
LVMH Moet Hennessy Louis Vuitton SA announced that at the annual shareholders meeting on April 18, 2013, the Company will propose a full year 2012 dividend of EUR 2.90 per share, an increase of 12%. An interim dividend of EUR 1.10 per share was paid on December 4, 2012. The balance of EUR 1.80 per share will be paid on April 25, 2013. Full Article
LVMH Moet Hennessy Louis Vuitton SA Announces FY 2012 Interim Dividend Payment
LVMH Moet Hennessy Louis Vuitton SA announced that an interim dividend payment of EUR 1.10 per share for the full year 2012 will be paid on December 4, 2012. The ex-dividend date is November 29, 2012 in the morning. The last trading day with interim dividend rights is November 28, 2012. Full Article
LVMH Moet Hennessy Louis Vuitton SA's Berluti Acquires Anthony Delos-Les Echos
Les Echos reported that Berluti, a brand of LVMH Moet Hennessy Louis Vuitton SA, has acquired the business of Anthony Delos, a bespoke footwear manufacturer. Financial terms were not disclosed. Full Article
LVMH Moet Hennessy Louis Vuitton SA To File Counter Complaint Against Hermes International SCA-Reuters
Reuters reported that LVMH Moet Hennessy Louis Vuitton SA stated that the terms of its entry into the capital of Hermes International SCA were "perfectly regular" and that it would file a counter complaint against Hermes International SCA. LVMH said in the statement that it planned to file a complaint for "blackmail, slander, and illegal competition." Full Article
Hermes International SCA Files Complaint Against LVMH Moet Hennessy Louis Vuitton SA-Reuters
Reuters reported that Hermes International SCA filed a complaint on July 10, 2012 against LVMH Moet Hennessy Louis Vuitton SA over LVMH's building of a stake of over 20% in Hermes International SCA. Full Article
LVMH Moet Hennessy Louis Vuitton SA Announces FY 2012 Interim Dividend Payment
LVMH Moet Hennessy Louis Vuitton SA announced that it will pay an interim dividend of EUR 1.10 per share for fiscal year 2012 on December 4, 2012. Full Article
LVMH Moet Hennessy Louis Vuitton SA Acquires Les Tanneries Roux
LVMH Moet Hennessy Louis Vuitton SA announced that it has acquired Les Tanneries Roux, a manufacturer of leather products. Financial details were not announced. Full Article
LVMH Moet Hennessy Louis Vuitton SA Announces FY 2011 Dividend Proposal
LVMH Moet Hennessy Louis Vuitton SA announced that, at the annual shareholders meeting on April 5, 2012, the Company will propose a dividend of EUR 2.60 per share, an increase of 24%. An interim dividend of EUR 0.80 per share was paid on December 2, 2011. The balance of EUR 1.80 per share will be paid on April 25, 2012. Full Article
LVMH Moet Hennessy Louis Vuitton SA Signs Increased EUR 2 Billion Loan-Thomson Reuters LPC
Thomson Reuters LPC reported that LVMH Moet Hennessy Louis Vuitton SA has signed an increased EUR 2 billion loan refinancing. The new financing, which replaces an existing EUR 1.3 billion facility which was due to mature in December 2012, was increased from an initial launch amount of EUR 1.75 billion. The loan, which was arranged by bookrunners Bank of Tokyo-Mitsubishi UFJ, BNP Paribas, Citigroup, Credit Agricole, HSBC, Natixis, Societe Generale and ING, was supported by a total of 18 banks. Full Article
French probe finds LVMH built up Hermes stake in secret-paper
PARIS, May 18 - The French stock market authority has found LVMH secretly bought shares in rival Hermes to build a stake, and not merely make a financial investment as the luxury group has claimed, a newspaper reported.
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