Le renouvellement de la convention entre la Société et Groupe Arnault est de nouveau proposé. Le montant s'élève à 5,52 M€ en 2016 pour un montant total de 46,7 M€ sur 9 ans. Par ailleurs, le groupe participe (indirectement) habituellement au vote, alors qu'il y est directement intéressé.
La Société propose le renouvellement de 6 administrateurs dont 4 sont non indépendants ce qui pose un problème de taux d'indépendance du Conseil (40%).De plus, plusieurs d'entre eux présentent un cumul de mandats. En outre, le renouvellement d'un censeur et l'élection de 2 nouveaux sont proposées. En matière de rémunération, le niveau de transparence est déficitaire par rapport à celles de ses pairs du CAC 40. Par ailleurs, la rémunération totale est trop élevée (353 SMIC).
Proxinvest s'oppose à la modification des statuts proposée en résolution 30 car la Société maintient la clause statutaire d'octroi de droits de vote double, une pratique contraire à la bonne démocratie actionnariale.
LVMH Moet Hennessy Louis Vuitton is a manufacturer and retailer of luxury goods. Co. offers champagne and wines, cognac and spirits, fashion and leather goods, perfumes and cosmetics, watches and jewelery; and is engaged in selective retailing. Its operations are organized along five business segments: Wine and Spirits, Fashion and Leather Goods, Perfumes and Cosmetics, Watches and Jewelery, and Selective Retailing. Co. is also engaged in other activities (Media with Les Echos group, La Samaritaine and Luxury yacht with Royal Van Lent). Some of Co.'s brands are Moet & Chandon, Dom Perignon, Louis Vuitton, Fendi, Donna Karan, Parfums Christian Dior, Guerlain, Parfums Givenchy, and TAG Heuer.
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LVMH - BUY | EUR335(+31%) A further significant step in the ultimate hospitality experience LVMH will buy Belmond hotel company for USD2.6bn in cash Irreplaceable portfolio of iconic assets A further step in the ultimate luxury hospitality We remain at Buy on the stock
A director at LVMH Moet-Hennessy Louis Vuitton sold 50,000 shares at 265.149EUR and the significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. ...
Item 1: Approve the share consolidation The Board requests shareholder approval to implement a share consolidation on the basis of 19 new ordinary shares for every 20 existing ordinary shares held. The consolidation is intended to maintain comparability, as far as possible, of the Company’s share price before and after the payment of a special dividend of $2.621 per share. The special dividend is equivalent to 5% of the market capitalisation of the Company as at 14 December 2018. The Company has implemented a series of share consolidations, returning funds to shareholders in this way in 2012...
Item 1: Approve Share Buybacks Shareholder approval is being sought to authorise the Company to make market purchases of its ordinary shares following the inclusion of a typographical error in the resolution granting authority at the 2018 AGM. This error meant that the authority granted at that meeting has already expired. As there is currently no authority in place, the Board proposes the standard share repurchase authority for the UK market with period ending until the earlier of 25 October 2019 (being the later date set out in in the resolution granting authority at the 2018 AGM) and the ...
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