(CercleFinance.com) – As part of its share buyback program, LVMH indicates that it has today entrusted an investment services provider (ISP) with a mandate relating to the acquisition of its own shares for a maximum amount of 1.5 billion euros.
The world number one in luxury specifies that these share buybacks can be carried out over a period starting on March 1 and possibly extending until July 20. The shares thus bought back are intended to be cancelled.
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