on LOUIS HACHETTE GROUP (EPA:LHG)
Louis Hachette Group Announces Dividend Policy Before Euronext Growth Listing
Louis Hachette Group has confirmed plans to distribute at least 85% of dividends from its stakes in Lagardère SA and Prisma Media in 2025. The announcement aligns with the company's strategy to enhance shareholder value by reducing Lagardère's debt and ensuring steady dividends. This policy prioritizes growth opportunities aligned with strategic goals. The announcement comes as Louis Hachette Group prepares to list its ordinary shares on Euronext Growth Paris. This listing is contingent on shareholder approval of a partial demerger from Vivendi SE at their meeting on December 9, 2024. Trading is anticipated to commence on December 16, 2024.
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