Einhell share history
Initial public offer (IPO)
The IPO was carried out in the middle of June 1987 by a bank consortium of Dresdner Bank, Deutsche Bank and Merk, Fink & Co. The official press conference about the IPO took place at June, 13th 1987 in Munich.
The share capital of 8 Mio. DM, being in family property, was increased by 2 Mio. DM (premium shares). The new capital flew only to the company and not to the family. With the IPO the equity has been raised from 24% to more than 30%. So the company had a very solid base of means.
The shares are traded on several stock exchange in Germany. They are listed at the Regulated Market. The offer price of the Einhell Share was determined with 245 DM per share with a nominal value of 50 DM.
In 1997 the shares of a nominal value of 50 DM were turned into shares with a nominal value of 5 DM (2,56 Euro).
The Annual General Meeting on 28 June 2024 approved a three-for-one share split. The aim is to make the stock available to a broader public by lowering the entry point and making it easier to acquire Einhell shares. The longterm objective of the share split is to boost the share price and, in its wake, the market capitalisation. The share split has in the meantime been successfully completed and met with the interest of numerous investors.
Capital increases
Capital increase | Event |
---|---|
1st capital increase | in 1990 40,000 premium shares (nominal value of 50 DM = 25.6 Euro) were issued with the offer price of 260.00 Euro. The company had a cash inflow of 10.4 Mio DM. |
2nd capital increase | in 1994 further 40,000 premium shares (nominal value of 50 DM = 25.6 Euro) were issued with the offer price of 270.00 DM. The company had a cash inflow of 10.8 Mio DM. |
3rd capital increase | in 2004 480,000 premium shares (nominal value of 2.56 Euro) and for the first time 494,400 common shares (nominal value of 2.56 Euro) were issued with a share price of 17.00 Euro. The company had a cash inflow of 16.6 Mio Euro. |