LVMH: Share buyback program

Group 1 - LVMH Moët Hennessy Louis Vuitton S.E. has initiated a share buyback program with a maximum amount of one billion euros, set to commence on February 24, 2025, and conclude on or before November 28, 2025 [1] - The shares repurchased under this program are intended to be cancelled, indicating a strategy to reduce the number of shares outstanding [1] Group 2 - LVMH operates a diverse portfolio across various sectors, including Wines and Spirits, Fashion and Leather Goods, Perfumes and Cosmetics, Watches and Jewelry, and selective retailing [2] - The company's Wines and Spirits division features renowned brands such as Moët & Chandon, Hennessy, and Veuve Clicquot, while its Fashion and Leather Goods division includes Louis Vuitton and Christian Dior [2] - In the Perfumes and Cosmetics sector, LVMH is represented by brands like Parfums Christian Dior and Fenty Beauty by Rihanna, and its Watches and Jewelry division includes Bulgari and Tiffany & Co. [2]