Por: MarketWatch Business September 30, 2022
(Porsche now has a combined 911 million common and preferred shares outstanding). Porsche shares traded as high as €86.78 euro in their first day of trading, up 5.2% from the IPO price of €82.50 euro. Shares closed in green at €82.52, up 2 cents, which gives Porsche a market capitalization of about $74 billion. It seems like ’s plan to unlock value while raising cash has been realized. But preferred stock (VOW3.Germany) and common shares... + full article
ABC News USA Business September 30, 2022
FRANKFURT, Germany -- Shares in luxury carmaker Porsche AG rose on their first day of public trading after German parent company raised 9.4 billion euros ($9.1 billion) for one of the largest initial public offerings in European history.Shares traded at 85.68 euros on the... + más
Porsche shares rise in one of Europe's largest market debuts | Associated Press
Porsche’s Debut Turned Out to be a Ho-Hum. Volkswagen Didn’t Have Such Luck. | MarketWatch
RTTNews USA Business September 29, 2022
Volkswagen (,,) set price for initial public offering of preferred shares in sports car brand Porsche AG at 82.50 euros per share, which is the high end of its previously estimated 76.50 euros to 82.50 euros per share range.The purchase price per ordinary share in Porsche AG to... + más
Volkswagen's offering of Porsche shares nears completion | ABC News
Porsche IPO Looks to Price at Top End of Range on Strong Demand | MarketWatch
The New York Times USA Business September 29, 2022
Amid fears of recession, tumbling stock prices and heightened market turmoil, the biggest market debut of the year is that of a carmaker whose vehicles can cost six digits.Porsche, the 91-year-old German company behind iconic models like the 911, became the breakout star of the... + más
Porsche IPO is set for Thursday. Here's what to know. | MarketWatch
MarketWatch USA Politics September 29, 2022
Porsche is being spun out of Volkswagen , which itself is mostly held by Porsche Automobil Holding , the investment vehicle of the founding Porsche and Piesch family. In a nod to its most famous product, Porsche has been split into 911 million shares. Volkswagen late Wednesday... + más
Associated Press USA Tech September 29, 2022
FRANKFURT, Germany (AP) — Shares in luxury carmaker Porsche AG rose on their first day of public trading after German parent company Volkswagen raised 9.4 billion euros ($9.1 billion) for one of the .Shares traded at 85.68 euros on the Frankfurt Stock Exchange on Thursday,... + más
Porsche shares rise in one of Europe's largest market debuts | ABC News
ABC News USA World September 28, 2022
FRANKFURT, Germany -- Volkswagen was nearing the finish line Wednesday as it readied the sale of shares in luxury carmaker Porsche ahead of an expected market listing that will rank among the largest such offerings in European history.The German automaker estimates the deal... + más
MarketWatch USA Business September 27, 2022
Volkswagen (ticker: VOW3.Germany) is selling roughly 114 million shares of Porsche to the public. (Porsche will have 911 million shares of preferred and ordinary shares outstanding after the offering). At the high end of the planned range, €82.50 or $80, the sale should raise... + más
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