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Home News HeidelbergCement has been listed on the stock exchange since 125 years

HeidelbergCement has been listed on the stock exchange since 125 years

by Staff Writer
April 30, 2014
in News
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On the occasion of the 125th anniversary of HeidelbergCement’s stock exchange listing, Dr Bernd Scheifele, chairman of the managing board, started the floor trading at the Frankfurt Stock Exchange, Germany in the traditional way by ringing the opening bell. Mrs Hauke Stars, a member of the managing board of Deutsche Börse; employees of the Investor Relations and Treasury Departments of HeidelbergCement as well as members of the press were invited by Deutsche Börse to participate at the ceremony.

On the occasion of the 125th anniversary of HeidelbergCement’s stock exchange listing, Dr Bernd Scheifele, chairman of the managing board, started the floor trading at the Frankfurt Stock Exchange, Germany in the traditional way by ringing the opening Bell.

Mrs Hauke Stars, a member of the managing board of Deutsche Börse; employees of the Investor Relations and Treasury Departments of HeidelbergCement as well as members of the press were invited by Deutsche Börse to participate at the ceremony.

“We are very pleased and proud to celebrate today the 125th anniversary of HeidelbergCement’s stock exchange listing,” says Dr Scheifele. “HeidelbergCement is one of the oldest publicly listed industrial companies in Germany. This jubilee is the clear proof of the company’s business strategy of sustainable and long-term growth. HeidelbergCement’s listing at the stock exchange has contributed significantly to the development of the company from a local cement producer in southern Germany to one of the world’s leading building materials producers during many decades.”

After the death of the company founder Johann Philipp Schifferdecker in 1887, his heirs decided to transform the company into a public limited company. The entry in the Commercial Register took place on 21 March 1889 under the name of Portlandcementwerk Heidelberg vormals Schifferdecker & Söhne Actiengesellschaft.

The share capital was split into 5,500 bearer shares with a nominal value of 1,000 Mark each. Shortly thereafter, 2,500 of these shares were placed on the market. Subscription started on 2 April 1889 and the allocation took place from 15 April to 30 April with a subscription price of 152.5 %.

Today, HeidelbergCement‘s share capital amounts to around €563.75 million split into around 187.9 million shares. The HeidelbergCement shares are admitted to trading on the regulated markets of the Frankfurt am Main (Prime Standard), Munich, Stuttgart, and Düsseldorf Stock Exchanges. In addition, the shares are traded on the over-the-counter market of the stock exchanges Berlin, Hamburg, and Hannover.

Since June 2010, HeidelbergCement has been included in the German Stock Exchange’s benchmark index DAX 30 as the first building materials company.

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