Shareholders & share details
At 31 December 2009 the Bank's issued share capital was unchanged at € 70.0 million divided into 26.1 million no-par value shares. 52% of the share capital is listed on the Düsseldorf and Stuttgart stock exchanges.
All shares have uniform rights and are bearer shares. Each no-par value share carries one vote. The Management Board knows of no limitations affecting voting rights or the transfer of shares.
As of the balance sheet date, HSBC Holdings plc, London, indirectly held an unchanged share of 78.6% of this share capital and Landesbank Baden-Württemberg in Stuttgart directly held an unchanged share of 20.3%.
As a result of a capital increase recorded in the commercial register on 2 July 2010 the share capital was increased to € 75,384,617.25 and the number of shares to 28,107,693. HSBC Holdings plc, London, now holds 80.4% of the share capital. Landesbank Baden-Württemberg, Stuttgart, still holds a share of 18.7 % after the capital increase.
Share price and market value
During 2009 our share price rose 10.1% to € 98.00. The lowest fixing price of the year was € 77.00 and the highest € 100.00. From the initial issue price of DM 190 per DM 50 nominal share (25 October 1985) the exchange price and market capitalisation have developed as follows:
| Date | Number of shares* | Share price in EUR | Market capitalisation in €m |
|---|---|---|---|
| *Adjusted for 1 for 10 stock split on 27 July 1998. | |||
| 31.12.1985 | 18,000,000 | 17.60 | 317.50 |
| 31.12.1990 | 22,000,000 | 19.80 | 435.30 |
| 31.12.1995 | 23,500,000 | 30.60 | 718.50 |
| 31.12.2000 | 26,100,000 | 110.00 | 2,871.00 |
| 31.12.2005 | 26,100,000 | 87.50 | 2,283.80 |
| 31.12.2006 | 26,100,000 | 105.00 | 2,740.50 |
| 31.12.2007 | 26,100,000 | 114.00 | 2,975.40 |
| 31.12.2008 | 26,100,000 | 89.00 | 2,322.90 |
| 31.12.2009 | 26,100,000 | 98.00 | 2,557.80 |
| 02.07.2010 | 28,107,693 | 107.00 | 3,007.52 |
For the 2009 financial year we paid a dividend of € 2.50 per share (2008: € 2.50 per share). With a dividend total of € 65.3 million our shareholders participated suitably in the profits we generated in 2009.
