ThyssenKrupp stock
With a gain of 68%, ThyssenKrupp's stock once again gave stockholders cause for cheer in fiscal 2006/2007. By way of comparison, the DAX and DJ STOXX indices improved by 31% and 14% respectively. At the end of the fiscal year, market capitalization amounted to around €23 billion. This section provides detailed information on our investor relations activities and in particular ThyssenKrupp's stock and the stockholder structure.
| 2002/2003 | 2003/2004 | 2004/2005 | 2005/2006 | 2006/2007 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capital stock | million € | 1,317 | 1,317 | 1,317 | 1,317 | 1,317 | |||||
| Number of shares (total) | million shares | 514.5 | 514.5 | 514.5 | 514.5 | 514.5 | |||||
| Stock exchange value end September | million € | 5,927 | 8,072 | 8,936 | 13,670 | 22,977 | |||||
| Closing price end September | € | 11.52 | 15.69 | 17.37 | 26.57 | 44.66 | |||||
| High | € | 13.62 | 17.67 | 17.39 | 29.09 | 46.14 | |||||
| Low | € | 7.01 | 11.55 | 13.89 | 16.62 | 26.19 | |||||
| Dividend per share | € | 0.50 | 0.60 | 0.80 1) | 1.00 | 1.30 2) | |||||
| Dividend total | million € | 249 | 299 | 412 1) | 489 | 635 2) | |||||
| Dividend yield | % | 4.3 | 3.8 | 4.6 | 3.8 | 2.9 | |||||
| EPS | € | 1.09 | 1.81 | 2.08 | 3.24 | 4.30 | |||||
| Number of shares 3) | million shares | 507.7 | 498 | 498.6 | 507.7 | 488.8 | |||||
| Trading volume (daily average) |
million shares | 2.8 | 2.5 | 3.3 | 4.5 | 3.8 |
Outstanding stock performance reflects Company’s performance
The further improvement in earning power and lively demand for ThyssenKrupp products and services were reflected in the performance of ThyssenKrupp's stock in fiscal 2006/2007. It gained almost 70%, closing at €44.66 on September 28, 2007. The stock significantly outperformed the DAX and DJ STOXX reference indices. In July 2007, shortly before the real estate crisis began in the USA, the share price reached an all-time high of €46.14. Further details of the stock's performance are shown in the following charts.
indexed, Sept. 29, 2006 to Sept. 28, 2007, in %


Market capitalization increased significantly against the previous year by €9.3 billion to around €23.0 billion.

Liquidity in ThyssenKrupp stock remained very high in fiscal 2006/2007. The average daily volume was 3.8 million shares. Around 1 billion shares were traded on the German stock exchanges including the XETRA trading system. Trading in ThyssenKrupp stock accounted for around 2% of the total trading volume of the 30 DAX stocks.
The way investors perceive a stock is influenced by liquidity and also by inclusion in relevant indices. ThyssenKrupp's stock is included in a number of major indices, also at international level, namely the DAX 30, the DJ STOXX, the DJ Germany Titans, the DJ Industrial Goods & Services Titans 30, the FT EuroTop 300 and various MSCI indices.
| Securities identi- fication number |
|||
|---|---|---|---|
Stock exchange |
|||
| Germany | Frankfurt (Prime Standard), Düsseldorf | DE 000 750 0001 | |
| United Kingdom | London Stock Exchange | 5636927 | |
Symbols |
|||
| Stock exchange | Frankfurt, Düsseldorf | TKA | |
| London | THK | ||
| Reuters | Frankfurt Stock Exchange | TKAG.F | |
| Xetra trading | TKAG.DE | ||
| Bloomberg | TKA GR |
Earnings per share €4.30
Earnings per share (EPS) is calculated by dividing the net income attributable to the stockholders of ThyssenKrupp AG by the weighted average of shares outstanding in the fiscal year. In the year under review, the number of shares outstanding averaged 488.8 million.
Dividend proposal of €1.30 per share
A proposal will be submitted to the Annual General Meeting on January 18, 2008 to pay a dividend of €1.30 per share for fiscal 2006/2007. Based on the stock price of €44.66 on September 28, 2007, the dividend yield is 2.9%. The payout ratio is 30.2% of the net income attributable to the stockholders of ThyssenKrupp AG.

Capital stock unchanged
The capital stock remains unchanged at €1,317,091,952.64 and consists of 514,489,044 no-par value bearer shares. The right of stockholders to certification of their shares is excluded under the Company's Articles of Association. Under Art. 20 of the Articles of Association of ThyssenKrupp AG, each share grants one vote.
Employee share program firmly established
In April 2007 around 82,000 employees in Germany had a fifth opportunity to acquire ThyssenKrupp shares on special terms. With a participation rate of 56%, the program once again met with a very good response. The level of participation, which was even higher than the year before, reflects the employees' confidence in the performance of ThyssenKrupp's stock. Employees in the rest of Europe are also regularly included in employee share programs, e.g. in France, the United Kingdom and Spain.
Stockholder base significantly broadened in the USA
Our latest analysis of the stockholder structure shows that our stockholder base in the USA has widened further, not least as a result of increased efforts to persuade investors of ThyssenKrupp's strengths and growth prospects. In fiscal 2006/2007 the proportion of stockholders based in the USA increased from 10% to 15%. Our stockholder base in Europe is very stable. The countries with the highest percentage of ThyssenKrupp shares are traditionally Germany, the United Kingdom, France, Switzerland and the Netherlands. From our regular analyses of the stockholder structure we gain important information which we use among other things to further optimize the regional focus of our investor relations activities.
A further finding of the latest analysis showed that the share of institutional investors increased again from around 35% to 42%. The Investor Relations team will expand its activities in the future to meet the additional information requirements resulting from this.
The largest stockholder is the Alfried Krupp von Bohlen und Halbach Foundation, Essen; according to its notification of December 21, 2006 it holds 25.1% of the voting rights of ThyssenKrupp AG.
ThyssenKrupp AG also holds treasury shares amounting to 5% (rounded up) of the capital stock. ThyssenKrupp AG has no rights in respect of these shares.
The free float, which is generally taken into account in the weighting of ThyssenKrupp's stock in stock indices, is 74.9% of the capital stock.
Investor relations: continuity and transparency
We further optimized our investor relations program in 2006/2007; the focus was on targeted enhancements to our well-established activities.
Held for the third time, the ThyssenKrupp field day gave analysts and institutional investors detailed insights into our day-to-day operations. This year's event centered on the Services segment with its Eastern Europe strategy; participants were taken to the service center in Poland, which plays a key role in this strategy.
The stockholders' letter "#750.000 compact" became further established as a medium for people interested in the performance of ThyssenKrupp's stock. Issued once a quarter, the stockholders' letter presents information on all relevant developments and events in connection with the Group and our stock.
We also expanded our relations with institutional investors under an investor targeting program. The aim is to further strengthen our penetration of the leading financial centers and at the same time attract investors at new financial centers. The targeting program has identified Norway, Finland and Portugal as new target markets. To systematize investor relations, we have set up an extensive database which is kept regularly updated.
Our multiple award winning website provides our target groups with a high degree of transparency of all investor relations activities. Financial reports, presentations and publications are available online and for downloading. Analysts' and investors' meetings, conference calls, the Annual Press Conference and Annual General Meeting are available in video or audio format and can in some cases be downloaded and played on standard MP3 players. There are also detailed sections on corporate governance and the Annual General Meeting.
If you would like to contact the ThyssenKrupp Investor Relations team or find out about dates in the 2007/2008 financial calendar, turn to the last page of this Annual Report or visit our website at www.thyssenkrupp.com.





