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Deutsche Lufthansa AG (LHA.DE)

XETRA - XETRA Delayed price. Currency in EUR
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7.22-0.14 (-1.96%)
As of 11:00AM CEST. Market open.
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Previous close7.36
Open7.15
Bid7.21 x 948200
Ask7.22 x 1900800
Day's range7.19 - 7.47
52-week range6.85 - 17.95
Volume700,795
Avg. volume4,664,212
Market cap4.141B
Beta (5Y monthly)1.18
PE ratio (TTM)N/A
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend date08 May 2019
1y target estN/A
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Press releases
  • EQS Group

    Deutsche Lufthansa AG: Agreement on Lufthansa's stabilization package

    Deutsche Lufthansa AG / Key word(s): Financing Deutsche Lufthansa AG: Agreement on Lufthansa's stabilization package 30-May-2020 / 00:04 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. * * *At its meeting today, the Lufthansa Executive Board decided to accept the commitments offered by Germany to the EU Commission for the stabilization package negotiated with the Economic Stabilization Fund (WSF) of the Federal Republic of Germany.The scope of the conditions required in the EU Commission's view has been reduced in comparison with initial indications. Lufthansa will therefore be obliged to transfer to one competitor each at the Frankfurt and Munich airports up to 24 take-off and landing rights (slots), i.e. three take-off and three landing rights per aircraft and day, for the stationing of up to four aircraft. For one and a half years, this option is only available to new competitors at the Frankfurt and Munich airports. If no new competitor makes use of this option, it will be extended to existing competitors at the respective airports.The slots will be allocated in a bidding process. The slots can only be taken over by a European competitor that has not itself received any substantial state recapitalization as a result of the corona pandemic.The Supervisory Board must approve the stabilization package negotiated with the WSF, including the commitments to the EU Commission. Subsequent to the Supervisory Board's decision, the company intends to convene an Extraordinary General Meeting in the near future to obtain shareholder approval for the WSF stabilization measures. Responsible: Dennis Weber, Head of Investor Relations, Phone +49 69 696 28000* * *30-May-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de * * * Language: English Company: Deutsche Lufthansa AG Venloer Str. 151-153 50672 Cologne Germany Phone: +49 (0)69 696 28000 Fax: +49 (0)69 696 90990 E-mail: investor.relations@dlh.de Internet: www.lufthansagroup.com/investor-relations ISIN: DE0008232125, DE0008232125 WKN: 823212 Indices: DAX Listed: Regulated Market in Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover; Regulated Unofficial Market in Tradegate Exchange EQS News ID: 1059523 End of Announcement DGAP News Service

  • EQS Group

    Deutsche Lufthansa AG: Lufthansa Supervisory Board postpones decision on convocation of General Meeting

    Deutsche Lufthansa AG / Key word(s): AGM/EGM/Financing Deutsche Lufthansa AG: Lufthansa Supervisory Board postpones decision on convocation of General Meeting 27-May-2020 / 14:59 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. * * *At its meeting today, the Supervisory Board of Deutsche Lufthansa AG discussed the acceptance of the stabilization package offered by the Economic Stabilization Fund (WSF) of the Federal Republic of Germany, including the necessary convocation of a General Meeting.The Supervisory Board has taken note of the conditions currently indicated by the EU Commission. They would lead to a weakening of the hub function at Lufthansa's home airports in Frankfurt and Munich. The resulting economic impact on the company and on the planned repayment of the stabilization measures, as well as possible alternative scenarios, must be analyzed intensively.Against this background, the Supervisory Board was unable to approve the stabilization package in connection with the EU conditions. However, the Supervisory Board continues to regard WSF stabilization measures as the only viable alternative for maintaining solvency.Deutsche Lufthansa AG will not convene an Extraordinary General Meeting for the implementation of the stabilization measures for the time being. Responsible: Dennis Weber, Head of Investor Relations, Phone +49 69 696 28000 * * *27-May-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de * * * Language: English Company: Deutsche Lufthansa AG Venloer Str. 151-153 50672 Cologne Germany Phone: +49 (0)69 696 28000 Fax: +49 (0)69 696 90990 E-mail: investor.relations@dlh.de Internet: www.lufthansagroup.com/investor-relations ISIN: DE0008232125, DE0008232125 WKN: 823212 Indices: DAX Listed: Regulated Market in Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover; Regulated Unofficial Market in Tradegate Exchange EQS News ID: 1056303 End of Announcement DGAP News Service

  • EQS Group

    Deutsche Lufthansa AG: Economic Stabilization Fund approves Lufthansa's stabilization package

    Deutsche Lufthansa AG / Key word(s): Financing Deutsche Lufthansa AG: Economic Stabilization Fund approves Lufthansa's stabilization package 25-May-2020 / 16:39 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. * * *Ad hoc releaseEconomic Stabilization Fund approves Lufthansa's stabilization packageDeutsche Lufthansa AG has been informed by the Economic Stabilization Fund (WSF) of the Federal Republic of Germany that the WSF has approved the stabilization package for the company. The Executive Board also supports the package.The package provides for stabilization measures and loans of up to EUR 9 billion.The WSF will make silent participations of up to 5.7 billion euros in total in the assets of Deutsche Lufthansa AG. Of this amount, approximately EUR 4.7 billion is classified as equity in accordance with the provisions of the German Commercial Code (HGB) and IFRS. In this amount, the silent participation is unlimited in time and can be terminated by the company on a quarterly basis in whole or in part. In accordance with the agreed concept, the remuneration on the silent participations is 4% for the years 2020 and 2021, and rises in the following years to 9.5% in 2027.Furthermore, the WSF will subscribe to shares by way of a capital increase in order to build up a 20% stake in the share capital of Deutsche Lufthansa AG. The subscription price will be 2.56 Euro per share, so that the cash contribution will amount to about 300 million Euro. The WSF may also increase its stake to 25% plus one share in the event of a takeover of the company.In addition, in the event of non-payment of remuneration by the Company, a further portion of the silent participation is to be convertible into a further shareholding of 5% of the share capital at the earliest from 2024 and 2026 respectively. The second conversion option, however, only applies to the extent that the WSF has not previously increased its shareholding in connection with the above-mentioned takeover case. Conversion should also be possible for dilution protection. Subject to the full repayment of the silent participations by the company and a minimum sale price of EUR 2.56 per share plus an annual interest of 12%, the WSF undertakes, however, to sell its shareholding in full at the market price by 31 December 2023.Finally, the stabilization measures are supplemented by a syndicated credit facility of up to EUR 3 billion with the participation of KfW and private banks with a term of three years. This facility is still subject to the approval of relevant bodies.The expected conditions relate in particular to the waiver of future dividend payments and restrictions on management remuneration. In addition, two seats on the Supervisory Board are to be filled in agreement with the German government, one of which is to become a member of the Audit Committee. Except in the event of a takeover, the WSF undertakes not to exercise its voting rights at the Annual General Meeting in connection with the usual resolutions of ordinary Annual General Meetings.The stabilization package still requires the final approval of the Management Board and the Supervisory Board of the company. Both bodies will come together shortly to adopt resolutions on the stabilization package. The capital measures are subject to the approval of an extraordinary general meeting.Finally, the stabilization package is subject to the approval of the European Commission and any competition-related conditions. Responsible: Dennis Weber, Head of Investor Relations, Phone +49 69 696 28000* * *25-May-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de * * * Language: English Company: Deutsche Lufthansa AG Venloer Str. 151-153 50672 Cologne Germany Phone: +49 (0)69 696 28000 Fax: +49 (0)69 696 90990 E-mail: investor.relations@dlh.de Internet: www.lufthansagroup.com/investor-relations ISIN: DE0008232125, DE0008232125 WKN: 823212 Indices: DAX Listed: Regulated Market in Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover; Regulated Unofficial Market in Tradegate Exchange EQS News ID: 1054817 End of Announcement DGAP News Service

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