Overview
Description
Dr. Ing. H.C. F. Porsche AG Preference is a type of equity security, offering investors partial ownership in one of the world's leading automobile manufacturers. This preference share provides shareholders with priority over common stockholders for dividend payments, which typically makes it an attractive option for those focusing on income generation. Porsche AG, renowned for its engineering excellence, operates predominantly in the luxury automotive sector. Its diverse range of models, from the iconic 911 sports car to the high-performance SUVs, positions it as a heavyweight in the global auto industry. Porsche's preference shares are pivotal in the financial markets as they offer insights into the company's fiscal health and can impact boardroom dynamics due to voting rights considerations among common shareholders. As part of the larger Volkswagen Group, these shares reflect the intricate, tiered ownership and capital structure critical for understanding the broader automotive market landscape.
About
CEO
Dr. Oliver Blume Ph.D.
Employees
39463
Address
Porscheplatz 1
Stuttgart, 70435
Stuttgart, 70435
Phone
49 711 911 0
Website
Instrument type
Preferred stock
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Country
United States
MIC code
PINX