Continental AG ADR Ratio Change and Stock Distribution

Germany-based tire and auto-parts maker Continental AG’s ADR(CTTAY) had a ratio change recently resulting in a 2 for 1 stock split for ADS holders. CTTAY closed at $32.35 on Oct 29 and opened at $16.13 on Oct 30 before ending the day at $16.33. The depository’s announcement on the ratio change is listed below. The …

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A Note on the Performance of DAX Index

Germany’s DAX Index is down by 10.8% year-to-date. It is one of the worst performers among the major developed world indices. Click to enlarge   Source: Yahoo Finance Over the past five years also the index has swung between a narrow range as shown in the chart below: Click to enlarge Source: Yahoo Finance As …

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Volkswagen AG Terminated its ADR Program

German auto giant Volkswagen AG has terminated its ADR program effective July Aug 13, 2018. The ADR traded under the ticker VLKAY for many years. Below is the news of the termination from the company’s site: Volkswagen AG has reached the approved registration limit for the American Depositary Receipt (“ADR”) programs and decided not to …

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German Chemical Giant BASF SE ADR Stock Split 2017

BASF SE(BASFY), the world’s largest chemical maker has announced a stock split of its ADR shares. The German company implemented a 2: 1 stock split on the ADR back in 2008. This year the split ratio is 4:1. The depository BNY Mellon published the following details on this split: The Bank of New York Mellon, …

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The German Dividend Aristocrats List

Dividend artiscrtats are established and reputable companies that have paid dividends over many years. A list of such companies exists for the US, Canada, UK, etc. I have never seen for Germany on the internet until now. The German Dividend Aristocrats List was published by a contributor named rickrack on Seeking Alpha. The The German Dividend …

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The Top German Companies By Revenue 2016

Germany is the economic powerhouse of Europe. Unlike the consumption-driven economy of many countries such as the US, the Germany economy is export-driven. Some of the world’s largest companies are based in Germany. One way to identify the largest German companies in terms of revenue is to review the Fortune Global 500 list. The latest …

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