Arnault Raises LVMH Stake to 50.01% as Shares Slide 38% [Yahoo! Finance]
LVMH-MOET H/L/V UNSP/ADR (LVMUY)
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Source: Yahoo! Finance
This article first appeared on GuruFocus Bernard Arnault has moved from signaling to execution. The Arnault family has lifted its stake in LVMH Moet Hennessy Louis Vuitton ( LVMHF ) to 50.01%, up from 49.77% at the end of last year, formally crossing the majority threshold and bringing its voting rights to 65.94%. The increase follows Arnault's comment during last month's annual results presentation that the family's holding would surpass 50% this year. A family spokesperson described the move as reflecting strong confidence in LVMH's future, even as the broader luxury cycle shows signs of cooling. Is LVMHF fairly valued? Test your thesis with our free DCF calculator. The backdrop is less forgiving. LVMH shares have erased close to 38% of their value since a record high in April 2023, when post-pandemic demand for luxury goods peaked. So far this year, the shares are down about 13%, valuing the Paris-based group at roughly 280 billion ($330 billion). The recent pressure came af
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