At Chanel's headquarters.
The company's higher-ups were shocked.
Because Chanel was the world's top luxury brand, the amount of shares each major shareholder held had not changed for a long time.
If one wanted to buy the shares of a major shareholder, they had to pay a huge price.
Ten billion yuan in cash was not a small number.
Even if many big bosses in China had so much money, most people did not have so much cash.
Many fixed assets, shares, and company valuations could not be converted into cash so easily.
There were very few people who could afford so much money.
Furthermore, the major shareholders of these luxury companies would not sell so many shares so easily.
They could earn an astronomical figure in dividends every year even when lying down. They would have endless money to spend for the rest of their lives.
But today, the company's second-largest shareholder announced his withdrawal.