LVMH Moet Hennessy Louis Vuitton SE share price
LVMH Moet Hennessy Louis Vuitton SE live chart
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Here at FxPro, we’re delighted to offer our clients the opportunity to invest in LVMH Moët Hennessy – Louis Vuitton SE, through our CFDs Product. This is a French multinational company, a renowned manufacturer of luxury goods under the trademarks of Louis Vuitton, Givenchy, Guerlain, Chaumet, Moët & Chandon, Hennessy, etc.
According to the official open sources, the company’s history began in 1987. Headquarters is located in Paris, France.
The company was founded in 1987 through the merger of two players in the luxury market - Moët Hennessy and Louis Vuitton. Thanks to the merger, the LVMH group has become the leader in this market sector. The holding also owns the Les Echos media group. In addition, the holding owns international trade retail and network brands from 2000 stores: DFS Group LTD, Cruise Line Holdings Co., Sephora, Le Bon Marché and Samaritaine.
Since 1987, LVMH Moët Hennessy – Louis Vuitton SE has carried out over twenty successful mergers and acquisitions transactions. The largest of them could have failed in 1999 attempt to buy Gucci Group for $6.15 billion.
In March 2011, LVMH Moët Hennessy – Louis Vuitton SE announced the actual takeover by LVMH of Italian luxury goods manufacturer Bulgari. Under the terms of the transaction, the owners of the controlling stake in the company - the Bulgari family - will exchange 50.4% of the shares for 3% of the shares of LVMH Moët Hennessy – Louis Vuitton SE itself. The amount of the transaction is estimated at 3.75 billion euros.
According to Bloomberg, the head of LVMH Moët Hennessy – Louis Vuitton SE holding Bernard Arnaud, with a fortune of $ 70.7 billion, became the richest man in Europe in 2018.
Today this brand is listed on the Euronext and its name is firmly established in our life.
Louis Vuitton SE stock price is subject to the observations of many traders in the world. At the beginning of 2019, Louis Vuitton SE share price was 254,2 EUR.
Among the reasons to keep a close eye to the CFDs on Louis Vuitton SE securities is the strong volatility that can be observed during the day-to-day trading sessions.
On this page, you can take a look at the Louis Vuitton SE share price chart to make your own responsible decision to buy or to sell it on the FxPro trading platforms.
In order to trade shares successfully, be sure to follow corporate reports and actual data that are regularly published on the major news portals.
Also, keep a close eye to the Dividend calendar at the FxPro official website. According to it, сlients, holding “Buy” positions on the ex-div date will receive a dividend in the form of a cash adjustment (deposit). Clients, holding “Sell” positions on the ex-div date will be charged the dividend amount in the form of a cash adjustment (withdrawal).
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