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Feb. 15, 2021, 3:32 a.m. EST

Vivendi shares jump 22% on plan to list Universal Music Group

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By Steve Goldstein

Vivendi Universal /zigman2/quotes/202179234/delayed FR:VIV +2.63% shares opened 22% higher in Paris after it said it would distribute 60% of subsidiary Universal Music Group's share capital to shareholders and list the music label in Amsterdam by the end of the year. Bollore /zigman2/quotes/206166135/delayed FR:BOL +2.03% , holds more than a quarter of Vivendi, gained 15%.

/zigman2/quotes/202179234/delayed
FR : France: Euronext Paris
7.97
+0.20 +2.63%
Volume: 3.63M
Sept. 30, 2022 5:35p
P/E Ratio
0.34
Dividend Yield
3.14%
Market Cap
€7.98 billion
Rev. per Employee
N/A
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/zigman2/quotes/206166135/delayed
FR : France: Euronext Paris
4.72
+0.09 +2.03%
Volume: 1.35M
Sept. 30, 2022 5:35p
P/E Ratio
2.16
Dividend Yield
1.27%
Market Cap
€13.58 billion
Rev. per Employee
€252,069
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