The Federal Republic’s shareholding including that of KfW, Kreditanstalt für Wiederaufbau, stands at approximately 32 percent. The proportion of institutional investors is 52 percent of share capital, while the share of retail investors is 16 percent. As a result, the percentage of shares in free float remains at 68 percent of share capital.
All data have been updated as of December 31, 2018.
Shareholder | Structure as of December
31, 2018 | | Structure as of June
30, 2018 | | Structure as of December 31, 2017 | |
| | % | # of shares | % | # of shares | % | # of shares |
Free float | 68.1 | 3,242,678,477 | 68.1 | 3,242,678,477 | 68.1 | 3,242,678,477 |
State-owned: Federal Republic of Germany | 14.5 | 689,601,413 | 14.5 | 689,601,413 | 14.5 | 689,601,413 |
State-owned: KfW | 17.4 | 829,178,706 | 17.4 | 829,178,706 | 17.4 | 829,178,706 |
Total | 100.0 | 4,761,458,596 | 100.0 | 4,761,458,596 | 100.0 | 4,761,458,596 |
