Einhell share history
Initial public offer (IPO)
The IPO was carried out in the middle of June 1987 by a bank consortium of Dresdner Bank, Deutsche Bank and Merk, Fink & Co. The official press conference about the IPO took place at June, 13th 1987 in Munich.
The share capital of 8 Mio. DM, being in family property, was increased by 2 Mio. DM (premium shares). The new capital flew only to the company and not to the family. With the IPO the equity has been raised from 24% to more than 30%. So the company had a very solid base of means.
The shares are traded on several stock exchange in Germany. They are listed at the Regulated Market. The offer price of the Einhell Share was determined with 245 DM per share with a nominal value of 50 DM.
In 1997 the shares of a nominal value of 50 DM were turned into shares with a nominal value of 5 DM (2,56 Euro).