Facts & Figures

The Brenntag Share At A Glance

The table shows the most important facts & figures of our Brenntag share at a glance.

Photo: Brenntag

IPO DETAILS

Brenntag Joins German MDAX Index

 

Brenntag AG joins the MDAX index of Deutsche Börse, effective 21 June 2010. The acceptance happened by the Fast-Entry-Rule which allows for a change in indices ahead of schedule.
Based on market value and daily trading values of German public companies, the MDAX index includes the 50 largest stock-listed companies that follow the 30 DAX companies.

The inclusion in MDAX within less than three months after the initial stock listing marks the next successful milestone for Brenntag at the stock exchange. "The step to the MDAX was our defined objective. It will gain further visibility for our share in the capital market. We are very happy that the advancement to the MDAX happened that quickly and regard it as a proof for our growth strategy", says Jürgen Buchsteiner, CFO of Brenntag.

 

Development Of The Brenntag Share Price In The First Two Months Following The Listing

 

There was pleasing progression for the Brenntag share following initial listing on the stock market; it listed stably above the issue price of 50.00 euros. As the crisis in Greece intensified, the markets experienced a downturn which the Brenntag share was also not immune to. When the DAX fell below the psychologically important border of 6,000 points, and the MDAX fell below 8,000 points, the Brenntag share also slipped to hit its lowest price of 48,90 euros. Following Greece's rescue and agreement on a protective screen for the euro, the market recovered, and with it the Brenntag share, to stand at EUR 53,66 by the editorial deadline on June 24th, 2010. In the period following the IPO, the Brenntag share has developed 7.4 % better than the DAX and 6.4 % better than the MDAX.

 

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