Employee shares

ThyssenKrupp employee share program 2011

In spring 2011, around 76,000 employees at the German subsidiaries were offered the opportunity to acquire ThyssenKrupp shares at special rates for the eight time. The program once again met with broad acceptance among the workforce, attracting a participation rate of 58%.

Around one in two employees also participated in each of the previous programs between 2001 and 2010.

The offer was based on the 50/50 model: Employees can purchase ThyssenKrupp shares up to a value of €270 and pay only half themselves – i.e. up to €135. The company pays the other half.

Under German tax law (§ 3 No. 39 Income Tax Act (EStG)), this 50% employer contribution is free of tax and social security contributions.

Employee share programs also exist in France, Spain and the United Kingdom, where they are adapted to national circumstances.