46.66000 EUR
0.24
0.51%
Last update Dec 15, 4:29 PM GMT
Market closed
Day range
46
47
Previous close
46.90000
Open
47
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Dr. Ing. h.c. F. Porsche AG Preferred Stock
46.66
0.24
0.51%

Overview

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Description

Dr. Ing. h.c. F. Porsche AG Preferred Stock represents non-voting equity shares in one of the world's most iconic automotive manufacturers, Porsche AG. Issued as preferred shares, these instruments grant holders priority in dividend distribution over ordinary shares, but do not confer voting rights at general meetings. Porsche AG is globally recognized for producing high-performance sports cars, SUVs, and sedans, with flagship models including the 911, Taycan, Macan, Cayenne, Panamera, and the 718 series. The business encompasses both automotive manufacturing and financial services, providing diverse revenue streams. These preferred shares play a significant role in broadening Porsche's investor base and supporting its capital structure, as highlighted by their prominence in Porsche’s landmark public offering, the largest in Europe by market capitalization at the time. Listing on multiple international exchanges, including the Mexican Stock Exchange, these shares facilitate investment access for a wide array of global and regional investors, further establishing Porsche AG’s influence within the automotive and global capital markets.

About

CEO
Dr. Oliver Blume Ph.D.
Employees
39463
Address
Porscheplatz 1
Stuttgart, 70435
Phone
49 711 911 0
Instrument type
Preferred stock
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Country
United Kingdom
MIC code
XLON
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