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News  ›  GlobeNewswire Inc.

Viridien: Information on the total number of voting rights and shares

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Na
Viridien: Information on the total number of voting rights and shares

Viridien, a French société anonyme, has decided to split the functions of Chair and Chief Executive Officer, reinstating a dissociated governance structure.

Insights
UVV   neutral

Tobacco 'picks and shovels' business with high yield but prone to market fluctuations; trades cheaply at 11x earnings


VIRDY   neutral

The company is making an organizational change by separating leadership roles, which suggests a strategic governance adjustment without clear positive or negative implications