Who now controls LVMH after the recent filing?

Entities related to the Arnault family now control over 50% of LVMH's share capital.

What percentage of LVMH does the Arnault family own?

The Arnault family now owns 50.01% of LVMH's share capital.

How many shares does the Arnault family own in LVMH?

The Arnault family's stake amounts to 248 million shares in LVMH.

Home / Business and Economy / Arnault Family Now Controls LVMH With Over 50% Stake

Arnault Family Now Controls LVMH With Over 50% Stake

25 Feb

•

Summary

Arnault family entities now hold 50.01% of LVMH share capital.
This amounts to a significant stake of 248 million LVMH shares.
The milestone was confirmed via a regulatory filing in France.

Arnault Family Now Controls LVMH With Over 50% Stake

Entities associated with the Arnault family have surpassed a major ownership milestone in the luxury goods giant LVMH. As of Wednesday, the family's related entities now command a controlling stake of 50.01% in the company's share capital. This significant increase in ownership amounts to a total of 248 million shares. The development was officially disclosed through a regulatory filing submitted to France's stock market watchdog, the AMF. This move solidifies the family's predominant influence over the renowned conglomerate.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.