Report
Charles Pinel
EUR 1000.00 For Business Accounts Only

Vivendi - AGE 29 mars 2021

Il est proposé de modifier les statuts de Vivendi pour permettre la distribution du dividende par remise de biens en nature y compris des titres financiers. Cette proposition intervient à la suite de l'annonce le 13 février 2021 de distribuer 60% du capital d'UMG et de procéder à sa cotation d'ici la fin de l'année.

La résolution permet uniquement de modifier les statuts afin de procéder à une distribution par remise de biens en nature sachant que les actionnaires pourront se prononcer ultérieurement sur l'opération envisagée. Par conséquent, nous recommandons l'approbation.

Underlying
Vivendi SE

Vivendi is an audiovisual group active in the entertainment industry with activities in music, TV, cinema, mobile, fixed and internet, and games. Co.'s operations are divided into five businesses: Canal+ Group which produces and distributes pay-TV in France, analog or digital, and is involved in film making; Universal Music Group which sells recorded music (physical and digital media); GVT which serves as a telecommunication operator for fixed ultra high-speed broadband, fixed-line telecommunications and Pay-TV in Brazil; SFR which is engaged in mobile phone services in France, as well as fixed and ADSL services; and Other Activities which involves ticketing, Wengo and Watchever.

Provider
Proxinvest
Proxinvest

Founded in 1995, Proxinvest is an independent proxy firm supporting the engagement and proxy analysis processes of investors. Proxinvest mission is to analyse corporate governance practices and resolutions proposed at general meetings of listed firms.

Proxinvest main services are :

  • ​Proxy reports
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  • Thematic research
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Proxinvest has been a pioneer and champion of good corporate governance and has grown into a recognised expert in the field.

Proxinvest is independently-owned and only works for investors : Proxinvest does not provide consulting services to the companies it covers, mitigating related risks to its clients and ensuring the independence of our analysis. As a result Proxinvest is able to take a robust, independent, engaged and unconflicted view of the companies in which our clients invest.

As Managing Partner of Expert Corprate Governance Service Ltd (ECGS), Proxinvest has built a large network of corporate governance experts to support clients in corporate governance analysis worldwide. 

Analysts
Charles Pinel

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