ThyssenKrupp stock

The positive performance of ThyssenKrupp's stock continued in the first three months of 2009/2010. On January 08, 2010 the stock reached a fiscal year-to-date high of €28.07, driven by general economic expectations and ThyssenKrupp's strategic measures.

In the 2nd quarter the stock made up most of the losses it suffered in a weak phase at the end of January.

In the 3rd quarter steel stocks came under pressure due to fears that sharply increased raw material prices would impact steel company earnings as well as concerns that the economic recovery could slow. ThyssenKrupp's stock was also affected by this. On June 30, 2010 it stood at €20.35, meaning that since September 30, 2009 it has underperformed the DAX and DJ STOXX indices.

ThyssenKrupp employee stock program 2010

In spring 2010 around 80,000 employees in the German Group companies were given the opportunity, for the seventh time, to buy ThyssenKrupp shares on special terms. The program again met with broad acceptance in the workforce with a 56% participation rate. Around one in two employees also participated in each of the previous programs in 2001 and from 2004 to 2008.

In total, over 500,000 shares were issued to employees. At a price of €22.09 per share, each employee was able to buy twelve shares.

The offer was based on the 50/50 model: Employees purchase ThyssenKrupp shares up to a value of €270 and pay only half themselves – i.e. up to €135. The employer pays the other half. Under German tax law this 50% employer contribution is free of tax and social security contributions.

Basic information on the stock market listing

ThyssenKrupp stock is listed on the Frankfurt and Düsseldorf stock exchanges.