Louis Vuitton is a well-known brand that has been around for decades. It is known for its high-quality products and luxury items.
One of the most common questions asked by investors and individuals interested in the company is how many shares does Louis Vuitton have? In this article, we will explore the answer to this question and provide some additional information about Louis Vuitton.
What is Louis Vuitton?
Louis Vuitton is a French luxury fashion house that was founded in 1854. The brand specializes in leather goods, clothing, accessories, and perfumes. It is one of the world’s leading fashion brands and has a strong presence in many countries around the world.
How Many Shares Does Louis Vuitton Have?
Louis Vuitton Moet Hennessy (LVMH), which owns Louis Vuitton, has over 569 million shares outstanding as of 2021. The company’s stock trades on the Euronext Paris stock exchange under the ticker symbol MC.
LVMH Share Price
The share price of LVMH has been on an upward trend over the past few years. As of September 2021, the stock trades at around €737 per share (approximately $867 USD). This represents a significant increase from its price five years ago when it traded at around €170 per share (approximately $200 USD).
LVMH Market Capitalization
LVMH’s market capitalization as of September 2021 is approximately €368 billion (approximately $433 billion USD). This makes it one of the largest luxury companies in the world by market capitalization.
Conclusion
In summary, Louis Vuitton is a well-known luxury brand that is owned by LVMH. LVMH has over 569 million shares outstanding and trades on the Euronext Paris stock exchange under the ticker symbol MC.
The company’s share price has been on an upward trend over the past few years, and its market capitalization is approximately €368 billion as of September 2021. Overall, Louis Vuitton remains a strong player in the fashion industry and a popular investment option for many individuals.
- Key Takeaways:
- Louis Vuitton is a French luxury fashion house that specializes in leather goods, clothing, accessories, and perfumes.
- LVMH owns Louis Vuitton and has over 569 million shares outstanding as of 2021.
- LVMH trades on the Euronext Paris stock exchange under the ticker symbol MC.
- The company’s share price has been on an upward trend over the past few years, and its market capitalization is approximately €368 billion as of September 2021.