Overview
Description
Porsche Automobil Holding SE Preferred shares represent a form of equity in the German automotive giant known for its luxury sports cars, SUVs, and sedans. The primary function of these preferred shares is to provide investors with benefits like preferential dividend payments, priority over common shares in the event of company liquidation, and typically less volatility. Although these shares may not grant voting rights, they offer a reliable income stream, which often appeals to income-focused investors.
Porsche, renowned for its engineering excellence and design innovation, significantly impacts the automotive sector, particularly in high-performance vehicles. The company's ongoing technological advancements, including electric and hybrid models, hold notable significance in the industry, aligning with the growing global shift towards sustainable transportation solutions.
In the market, Porsche Automobil Holding SE is recognized not only for its prestigious brand and automotive accomplishments but also for its strategic investments, notably owning a substantial stake in Volkswagen AG. This dual role as a manufacturer and holding company underscores its influence and importance within the automotive and financial markets.
About
CEO
Mr. Hannes Ruoff
Employees
48
Address
Porscheplatz 1
Stuttgart, 70435
Stuttgart, 70435
Phone
49 711 911 24420
Website
Instrument type
Common stock
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Country
United States
MIC code
PINX