Vivendi must invent a new future without Universal



The post-Universal Music (UMG) period is now fast approaching for Vivendi. Its shareholders meeting in general meeting (AG) Tuesday have in fact approved nearly 100%, as expected, the distribution of 60% of the capital of the first major of music for its listing in Amsterdam at the end of September. A clear score that is understandable: for shareholders, this means an exceptional dividend, in the form of shares, worth more than 20 billion euros and the promise of participating in an eagerly awaited “IPO”!

However, the remuneration of Vivendi executives was less attractive to minority shareholders. Each of the senior management members saw their package approved between 59% and 65% of the votes. Knowing that the Bolloré Group owns nearly 30% of the voting rights and that 69% of the shareholders voted, this makes some dissatisfied, even if we can consider that the 31% of abstainers saw no reason to withdraw. complain.

Leave a Reply

Your email address will not be published. Required fields are marked *

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .