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Volkswagen<\/strong>, owner of Porsche, had estimated earlier this month that the share price would be placed between 76.5 and 82.5 euros<\/strong>. An exceptional valuation of up to 75 billion euros<\/strong> (72 billion dollars).<\/p>\n <\/p>\n This valuation should bring between 18.1 and 19.5 billion euros<\/strong> of gain to the German carmaker, at a time when European markets are more unstable than ever.<\/p>\n <\/p>\n The listing could be the second largest ever in Germany<\/strong>, and the largest in Europe since 1999, according to Refinity data.<\/p>\n <\/p>\n <\/p>\n The 911 million Porsche shares were split into two: 455, 5 million common shares<\/strong> and 455.5 million preferred shares<\/strong>.<\/p>\n <\/p>\n But what does this mean?<\/p>\n <\/p>\n Simply put, once a company goes public or plans to go public, anyone can usually buy shares. However, to cover their bases, companies sometimes split them into two lots<\/strong>.<\/p>\n <\/p>\n In the case of Porsche, the common shares are kept by the company. That is, no one can access them. On the other hand, a part of the preferred shares is intended for the general public, and the other remains allocated to Porsche. Of the 455.5 million preferred shares, 12.5%, which is equivalent to 113,875,000 million shares, are available to potential investors without voting rights.<\/p>\n <\/p>\n <\/p>\n With the war in Ukraine, inflation and the fossil fuel crisis, the financial markets are trending downward<\/strong>, especially in the automotive sector.<\/p>\n <\/p>\n As a result, the shares of car manufacturers such as Aston Martin, Ferrari and Mercedes are falling.<\/p>\n <\/p>\n For Porsche, whose profitability is strong, the elitism of the brand prevails and investors, even in times of crisis, want to put money into the project.<\/p>\n <\/p>\n An unparalleled listing, which will allow Porsche to raise about ten billion euros and finance its costly transition to electric vehicles.<\/p>\n <\/p>\n Read also >Stock exchange: Volkswagen targets a valuation of 75 billion euros for Porsche<\/a><\/p>\n <\/p>\n Featured photo : \u00a9wikipedia [\/vc_column_text][\/vc_column][\/vc_row][vc_row njt-role=”not-logged-in”][vc_column][vc_column_text]<\/p>\n <\/p>\n <\/p>\n Volkswagen<\/strong>, owner of Porsche, had estimated earlier this month that the share price would be placed between 76.5 and 82.5 euros<\/strong>. An exceptional valuation of up to 75 billion euros<\/strong> (72 billion dollars).<\/p>\n <\/p>\n This valuation should bring between 18.1 and 19.5 billion euros<\/strong> of gain to the German carmaker, at a time when European markets are more unstable than ever.<\/p>\n <\/p>\n The listing could be the second largest ever in Germany<\/strong>, and the largest in Europe since 1999, according to Refinity data.<\/p>\n <\/p>\n […][\/vc_column_text][vc_cta h2=”This article is reserved for subscribers.” h2_font_container=”tag:h2|font_size:16|text_align:left” h2_use_theme_fonts=”yes” h4=”Subscribe now !” h4_font_container=”tag:h2|font_size:32|text_align:left|line_height:bas” h4_use_theme_fonts=”yes” txt_align=”center” color=”black” add_button=”right” btn_title=”I SUBSCRIBE !” btn_color=”danger” btn_size=”lg” btn_align=”center” use_custom_fonts_h2=”true” use_custom_fonts_h4=”true” btn_button_block=”true” btn_custom_onclick=”true” btn_link=”url:https%3A%2F%2Fluxus-plus.com%2Fen%2Fsubscriptions-and-newsletter-special-offer-valid-until-september-30-2020-2-2%2F”]Get unlimited access to all articles and live a new reading experience, preview contents, exclusive newsletters…<\/p>\nVolkswagen Group and the Porsche family had foresight<\/h2>\n
Porsche is doing well<\/h2>\n
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Today, the luxury car giant’s listing on the Frankfurt stock exchange is at a very high level. Despite the fall in value of other manufacturers such as Aston Martin or Ferrari.<\/h4>\n