We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Name | Symbol | Market | Type |
|---|---|---|---|
| Vivendi SE (PK) | USOTC:VIVHY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.02 | 0.19% | 10.47 | 10.39 | 10.60 | 10.58 | 10.39 | 10.43 | 13,563 | 21:00:34 |
From Apr 2019 to Apr 2024
By Mauro Orru
Vivendi SE said Monday that shareholders have backed changes to its bylaws as the company plans to spin off its music business Universal Music Group and list it in the Netherlands later this year.
The French media giant said the approved changes enable it to distribute dividends, interim dividends, reserves, or premiums by way of the delivery of assets in kind, including financial securities.
The announcement comes just over a month after the conglomerate steered by French billionaire Vincent Bollore said it would hand 60% of Universal Music to shareholders in a special distribution at a minimum target of 30 billion euros ($35.39 billion) for the company's enterprise value.
The spinoff is due to materialize at a rosy time for record labels, as streaming services have benefited from consumers spending more time listening to music amid the coronavirus pandemic.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
March 29, 2021 09:48 ET (13:48 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
1 Year Vivendi (PK) Chart |
1 Month Vivendi (PK) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
