GESCO is listed on the stock exchange out of conviction. Whatever changes and upheavals have occurred on the capital markets, we believe in the basic idea of the stock market: bringing together companies and investors for mutual benefit.
The IPO in March 1998 was therefore a central part of the corporate strategy, in order to finance the future growth of the GESCO Group. We were subsequently able to obtain additional funding for further acquisitions through increases in share capital.
Our investors have participated in the commercial success of the GESCO Group – by way of gains in share prices and also through our long-term, predictable dividend policy.
|Share type||Registered Shares|
|Share capital||€ 10,839,499|
|No. of shares||10,839,499|
|Stock exchanges||Xetra, Frankfurt (Regulated Market), Stuttgart, Düsseldorf, Munich, Hamburg-Hanover, Berlin (Open Market/"Freiverkehr")|
For further information on the GESCO share please refer to our fact sheet.
Both private and institutional investors find the GESCO model convincing; they provide a stable shareholding structure. Freefloat according to the definition of Deutsche Börse amounts to 86.3 per cent. Around 13.7 per cent are held by Stefan Heimöller, entrepreneur and since July 2013 member of the GESCO AG Supervisory Board. Another major shareholder is the Investmentaktiengesellschaft für langfristige Investoren TGV with 14.4 per cent, which is represented in the Supervisory Board by Mr. Jens Große-Allermann since October 2017. In December 2018, LGT Capital Partners Ltd. reported exceeding of the 3% threshold. The remaining shares are held by some 7,500 private investors and institutional investors. The latter comprise primarily long-term investors such as foundations, traditional funds, asset managers or family offices. The majority of the shareholders is located in Germany. Further key shareholder markets include Great Britain, Luxembourg, the US and Austria.
The GESCO share (ISIN: DE000 A1K0201] has performed well since the IPO in March 1998. Investors in the initial phase have been rewarded with a significant share price increase as well as with dividends totalling € 25.49 per share. This means the distribution of dividends is above the issue price at the time. This is a respectable return, in fact, given the diversified and relatively risk-averse business model of GESCO AG.