Latest news with #VincentBollore
Yahoo
01-05-2025
- Business
- Yahoo
Universal Music Group N.V. (AMS:UMG) institutional owners may be pleased with recent gains after 4.8% loss over the past year
Significantly high institutional ownership implies Universal Music Group's stock price is sensitive to their trading actions The top 4 shareholders own 54% of the company 18% of Universal Music Group is held by insiders We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Every investor in Universal Music Group N.V. (AMS:UMG) should be aware of the most powerful shareholder groups. The group holding the most number of shares in the company, around 26% to be precise, is institutions. Put another way, the group faces the maximum upside potential (or downside risk). Institutional investors would appreciate the 4.1% increase in share price last week, given their one-year losses have totalled a disappointing 4.8%. Let's take a closer look to see what the different types of shareholders can tell us about Universal Music Group. Check out our latest analysis for Universal Music Group Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing. As you can see, institutional investors have a fair amount of stake in Universal Music Group. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Universal Music Group's earnings history below. Of course, the future is what really matters. Universal Music Group is not owned by hedge funds. The company's largest shareholder is Vincent Bollore, with ownership of 18%. Vivendi SE is the second largest shareholder owning 15% of common stock, and Tencent Holdings Limited holds about 11% of the company stock. Our research also brought to light the fact that roughly 54% of the company is controlled by the top 4 shareholders suggesting that these owners wield significant influence on the business. While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. The definition of an insider can differ slightly between different countries, but members of the board of directors always count. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances. Our most recent data indicates that insiders own a reasonable proportion of Universal Music Group N.V.. Insiders own €8.6b worth of shares in the €47b company. That's quite meaningful. Most would be pleased to see the board is investing alongside them. You may wish to access this free chart showing recent trading by insiders. The general public, who are usually individual investors, hold a 14% stake in Universal Music Group. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. Our data indicates that Private Companies hold 9.9%, of the company's shares. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company. We can see that public companies hold 26% of the Universal Music Group shares on issue. This may be a strategic interest and the two companies may have related business interests. It could be that they have de-merged. This holding is probably worth investigating further. I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Take risks for example - Universal Music Group has 2 warning signs (and 1 which is significant) we think you should know about. Ultimately the future is most important. You can access this free report on analyst forecasts for the company. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Reuters
28-04-2025
- Business
- Reuters
Vivendi may challenge court ruling on breakup, says secretary general
PARIS, April 28 (Reuters) - Vivendi ( opens new tab may challenge a court ruling requiring France's market watchdog to look again at whether shareholders should have received a mandatory buyout offer when the group split last year, its secretary general said on Monday. The former media group spun off its Canal+ (CAN.L), opens new tab, Louis Hachette ( opens new tab and Havas ( opens new tab businesses in December, listing them separately as standalone companies in London, Paris and Amsterdam. The break-up was approved by more than 97% of the group's shareholders. However it faced strong opposition from some minority shareholders, who argued that the split would increase top shareholder Bollore SE's ( opens new tab grip on Vivendi and its now former entities at their expense. In a rare move, the Paris Court of Appeal last week overruled the French markets authority, the AMF, ruling that billionaire Vincent Bollore controlled the Vivendi group and that the securities regulator should reexamine the spin-off. If the AMF says a mandatory buyout should have taken place, a reversal of the split seems unlikely, but shareholders' compensation could be considered. Speaking to shareholders on Monday, Vivendi Secretary General Frederic Crepin said the court's opinion that the Bollore group controlled Vivendi in the legal sense was "entirely questionable". Bollore has a 29.3% stake in Vivendi.
Yahoo
22-04-2025
- Business
- Yahoo
French court orders market watchdog to review Vivendi's breakup
By Florence Loeve PARIS (Reuters) -The Paris court of appeals ruled on Tuesday the French market watchdog must reconsider whether a mandatory buyout offer is or was necessary when the former media conglomerate Vivendi completed its multibillion-euro split last year. Last December Vivendi spun off its Canal+, Louis Hachette and Havas businesses, which are now listed as standalone companies in London, Paris and Amsterdam respectively. The breakup was championed by Vivendi's largest shareholder Bollore SE, the holding company of French billionaire Vincent Bollore. While a reversal of the breakup appears unlikely, the ruling intensifies the existing legal battle between Paris-based investment fund CIAM, a minority Vivendi stakeholder that opposed the breakup, and Vivendi. By siding with the small activist fund CIAM, the court has partially annulled a previous decision from the French financial market regulator. "This decision is a historic one for minority shareholders," Julien Visconti, one of CIAM's lawyers, said in email to Reuters. Last November the French market watchdog, the Autorité des marchés financiers (AMF), found that Bollore did not control Vivendi and so it did not have to examine whether Bollore should have filed a buyout bid or not. Bollore holds a 30.4% stake in the spinoffs, while it retains 29.3% of Vivendi's share capital. The court found that Vincent Bollore, "who controls the Bollore Group, has effectively determined, through the voting rights at his disposal, the decisions at Vivendi's general meetings." "Therefore, it is appropriate to recognize the existence of Vincent Bollore's control over Vivendi," it added. The demerger was approved with more than 97% of the votes at a shareholder meeting last year. CIAM claims that the split allowed Bollore to extend its control over the group without making a buyout offer. "The Paris Court of Appeals has resumed its role as guardian of minority rights and is sending a very strong signal to the AMF," he added. Representatives for the Bollore group, Vivendi and the French market watchdog could not immediately be reached for comment. Sign in to access your portfolio
Reuters
22-04-2025
- Business
- Reuters
French court orders market watchdog to review Vivendi's breakup
PARIS, April 22 (Reuters) - The Paris court of appeals ruled on Tuesday the French market watchdog must reconsider whether a mandatory buyout offer is or was necessary when the former media conglomerate Vivendi ( opens new tab completed its multibillion-euro split last year. Last December Vivendi spun off its Canal+ (CAN.L), opens new tab, Louis Hachette ( opens new tab and Havas ( opens new tab businesses, which are now listed as standalone companies in London, Paris and Amsterdam respectively. here. The breakup was championed by Vivendi's largest shareholder Bollore SE ( opens new tab, the holding company of French billionaire Vincent Bollore. While a reversal of the breakup appears unlikely, the ruling intensifies the existing legal battle between Paris-based investment fund CIAM, a minority Vivendi stakeholder that opposed the breakup, and Vivendi. By siding with the small activist fund CIAM, the court has partially annulled a previous decision from the French financial market regulator. "This decision is a historic one for minority shareholders," Julien Visconti, one of CIAM's lawyers, said in email to Reuters. Last November the French market watchdog, the Autorité des marchés financiers (AMF), found that Bollore did not control Vivendi and so it did not have to examine whether Bollore should have filed a buyout bid or not. Bollore holds a 30.4% stake in the spinoffs, while it retains 29.3% of Vivendi's share capital. The court found that Vincent Bollore, "who controls the Bollore Group, has effectively determined, through the voting rights at his disposal, the decisions at Vivendi's general meetings." "Therefore, it is appropriate to recognize the existence of Vincent Bollore's control over Vivendi," it added. The demerger was approved with more than 97% of the votes at a shareholder meeting last year. CIAM claims that the split allowed Bollore to extend its control over the group without making a buyout offer. "The Paris Court of Appeals has resumed its role as guardian of minority rights and is sending a very strong signal to the AMF," he added. Representatives for the Bollore group, Vivendi and the French market watchdog could not immediately be reached for comment.
Reuters
19-03-2025
- Business
- Reuters
Anti-graft groups target Bollore Group over old Africa assets, demand restitution
PARIS, March 19 (Reuters) - A dozen anti-graft campaigners have filed a complaint against logistics group Bollore and its former CEO with the French financial prosecutor, accusing them of using connections and influence-peddling to secure lucrative African port concessions. The complaint is the first step towards a possible criminal case in France. The campaigners' complaint, which demands restitution, alleges that the Bollore Group ( opens new tab and Vincent Bollore, used connections with leaders across West Africa over several decades to win contracts and build up an expansive business network. These included port concessions in Togo, Ghana, Guinea, Cameroon and Ivory Coast, secured by way of "corruption, favouritism and influence peddling," according to the complaint filed late on Tuesday, which Reuters reviewed. Those contracts earned billions of euros for the group that should be returned to local populations, the complaint says. A representative for the Bollore Group and Vincent Bollore did not respond to a Reuters' request for comment on the allegations. A lawyer for the Bollore Group declined to comment. The financial prosecutors (PNF) will now decide if there are sufficient grounds to launch an investigation. If rejected, the plaintiffs are able to file a second complaint that would force the opening of a preliminary probe. The PNF did not respond to a request for comment. A dozen associations, including Restitution Afrique (RAF), which is funded by Congolese whistleblower Jean-Jacques Lumumba, and Transparency International's branches in Cameroon and Ghana, are listed as plaintiffs in the complaint. It says that revenue from Bollore's Africa concessions helped to underpin the 5.7 billion-euro ($6.2 billion) price tag on Bollore Africa Logistics' 2022 sale to French shipping group CMA GGM. The complaint demands that all or part of money earned from the sale be returned to local populations under a French law passed in 2021. The governments of Togo, Cameroon, Ghana and Ivory Coast did not immediately respond to a request for comment on the complaint's main arguments. The government of Guinea could not be reached for comment. RAF lawyer Antoine Vey told Reuters his clients expected an investigation into the group's "money flows". ($1 = 0.9175 euros)
