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Kering to offer Puma shares to investors instead of a cash dividend

17/01/2018

Luxury group Kering has said it will offer its shareholders the option of receiving shares in sports brand Puma in place of cash dividends. Its efforts to inform shareholders about the Puma option will begin immediately. In a statement on January 11, the Paris-based group said it intends to retain a 16% stake in Puma while the parent company of...

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