Bernard Arnault, PDG of LVMH. (© AFP)
The leader of the luxury group, Bernard Arnault, acquired more than 30,000 shares on January 28 and February 14. Analysts believe that the rise is not over.
The CEO of
LVMH
, Bernard Arnault, bought via the Christian Dior holding company 15,009 shares on January 28 at 705.95 euros each and 15,196 shares on February 14 at 658.06 euros each, according to statements made to the Autorité des marchés financiers. That is a total amount of 20.6 million euros.
The leader of the luxury group had already acquired 14,565 shares on the market on November 26, via Financière Agache, at 692.52 euros. He had bought via the Christian Dior holding company, 80,913 shares on August 19 at 617.94 euros per unit and 35,000 shares on August 20 at 617.72 euros.
He had purchased earlier in 2021, via Financière Agache, 75,906 shares between March 22 and 26, 2021 at prices ranging from 551.54 to 558.36 euros per unit.
At the end of December 2020, the Arnault family group owned 47.48% of the capital of LVMH (47.35% a year earlier) and 63.46% of the voting rights. Employees held 0.14%.
The luxury group also bought back 417,261 of its own shares between December 21, 2021 and January 14, 2022, to cancel them.
On January 27, the company published a record annual turnover, up 44% to 64.2 billion euros. The General Meeting of Shareholders will be held on April 21 and the dividend of 7 euros will be detached on April 26 (a deposit of 3 euros was already paid in December
