Volkswagen AG (VOW.DE)
| Previous close | 192.30 |
| Open | 193.95 |
| Bid | 182.10 x N/A |
| Ask | 182.45 x N/A |
| Day's range | 180.40 - 194.55 |
| 52-week range | 162.40 - 301.40 |
| Volume | |
| Avg. volume | 47,638 |
| Market cap | 81.799B |
| Beta (5Y monthly) | 1.43 |
| PE ratio (TTM) | 5.55 |
| EPS (TTM) | 32.85 |
| Earnings date | 29 Oct 2020 |
| Forward dividend & yield | 7.50 (3.94%) |
| Ex-dividend date | 13 May 2022 |
| 1y target est | 208.33 |
- Reuters
Porsche AG's Blume 'very positive' about opening price
Chief Executive Oliver Blume said he felt very positive about Porsche AG's opening price of around 84 euros ($81.14) on its market debut on Thursday, as the sportscar brand listed in Germany's biggest initial public offering (IPO) in over 25 years. Speaking to Reuters in an interview, Blume brushed aside concerns about his dual role as the head of parent company Volkswagen, saying it was not unusual to lead a brand and a company simultaneously. "We made this decision very consciously - there is no time horizon in which it will be re-evaulated," he said, speaking next to a Porsche Taycan parked outside the Frankfurt stock exchange.
- Yahoo Finance UK
Porsche makes market debut in Germany’s biggest IPO in over 25 years
Oliver Blume, the company’s chief executive, called the IPO a 'historic moment' as it looks to shift toward electric vehicles.
- Reuters
The long, winding road to Volkswagen's Porsche IPO
Shares in Volkswagen's sportscar brand Porsche started trading on Thursday in what marks Germany's second-largest listing ever as well as a new phase in a sometimes fraught relationship between the two auto brands that goes back decades. Ferdinand Porsche opens a design office, the first stage of a business that will later become the eponymous sports car maker. Porsche, who designed the first VW Beetle, oversees the building of the first production hall for Volkswagen.
