Vivendi: repurchase of own shares
November 11 2015 - 12:36PM
Business Wire
Regulatory News:
Vivendi (Paris:VIV) today announced the purchase of 345,472 of
its own shares at an average price of €19,83 in accordance with the
share repurchase program covering up to 10 million of the Group’s
shares to be completed by November 30, 2015, as published on
October 5, 2015.
Vivendi’s Management Board is confident in the Group’s
fundamentals and may decide to extend the duration of this program
and/or increase its amount.
This share repurchase program was authorized by Vivendi’s
Shareholders’ Meeting held on April 17, 2015, and decided by the
Management Board on August 26, 2015.
About Vivendi
Vivendi is an integrated media and content group. The company
operates businesses throughout the media value chain, from talent
discovery to the creation, production and distribution of content.
The main subsidiaries of Vivendi comprise Canal+ Group and
Universal Music Group. Canal+ is the leading pay-TV operator in
France, and also serves markets in Africa, Poland and Vietnam.
Canal+ operations include Studiocanal, a leading European player in
production, sales and distribution of film and TV series. Universal
Music Group is the world leader in recorded music, music publishing
and merchandising, with more than 50 labels covering all genres. A
separate division, Vivendi Village, brings together Vivendi
Ticketing (ticketing in the UK, the U.S. and France), MyBestPro
(experts counseling), Watchever (subscription video-on-demand) and
the Paris-based concert venue L’Olympia. With 3.5 billion videos
viewed each month, Dailymotion is one of the biggest aggregation
and distribution platforms in the world. www.vivendi.com,
www.cultureswithvivendi.com
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