Shareholder structure

The Federal Republic’s shareholding including that of KfW, Kreditanstalt für Wiederaufbau, stands at approximately 32 percent. The proportion of institutional investors is 54 percent of share capital, while the share of retail investors is 14 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 September 30, 2017.

Shareholder

Structure as of September
30, 2017

 

Structure as of December 31, 2016

 

Structure as of December 31, 2015

 

# of shares

%

# of shares

%

# of shares

Free float

68.1

3,242,678,477

68.0

3,180,938,444

68.2

3,142,234,670

State-owned: Federal Republic of Germany

14.5

689,601,413

14.5

676,971,353

14.3

660,479,968

State-owned: KfW 

17.4

829,178,706

17.5

818,992,236

17.5

803,937,232

Total

100.0

4,761,458,596

100.0

4,676,902,033

100.0

4,606,651,870

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