ThyssenKrupp stock
The performance of ThyssenKrupp's stock in the 1st half of fiscal 2007/2008 was mainly influenced by the financial crisis in the USA and the looming economic slowdown. Like the comparative indices, ThyssenKrupp's stock lost slightly more than 17%. However, in calendar 2008 the stock has so far clearly outperformed both the DAX and the DJ STOXX.
performance of thySSenKrupp StocK in compariSon
indexed, Jan. 2, 2007 to Apr. 30, 2008, in %
indexed, Jan. 2, 2007 to Apr. 30, 2008, in %
Share buyback
In the period February 01 to March 07, 2008 ThyssenKrupp AG repurchased 14,791,100 shares or around 2.9% of the capital stock at an average price of €35.34. The total price paid was around €523 million. The buyback was based on a resolution by the Annual General Meeting on January 18, 2008 authorizing ThyssenKrupp AG to purchase its own shares in accordance with § 71 subsection 1 No. 8 AktG (Stock Corporation Act) up to a total amount of 10% of the capital stock. The authorization is valid until July 17, 2009.
Following the buyback in February/March 2008, ThyssenKrupp AG holds 40,515,552 treasury shares or around 7.9% of the capital stock. This figure also includes shares bought back in July/August 2006. The Company 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 the indices, is 67.03% of the capital stock.
Basic information on the stock market listing
ThyssenKrupp stock has been listed on the following stock exchanges since March 25, 1999:
| Securities identification number | |||
|---|---|---|---|
| Stock exchange | |||
| Germany | Frankfurt (Prime Standard), Düsseldorf | DE 000 750 0001 International Stock Identification Number (ISIN) |
|
| 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 |