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 …
Continue reading ‘Volkswagen AG Terminated its ADR Program’ »
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, …
Continue reading ‘German Chemical Giant BASF SE ADR Stock Split 2017’ »
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 …
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 …
Continue reading ‘The Top German Companies By Revenue 2016’ »
The number of publicly listed companies continue to decline in many countries around the world. In earlier posts, I have discussed about the fall in public companies in the US and UK. The number of public companies listed continues to fall in Germany also as show in the chart below: Click to enlarge Source: The …
Continue reading ‘Number of Publicly Listed German Companies Continue To Decline’ »