All about the Bechtle Share.
Performance ytd at 30/11/2023
Market cap as of 30/11/2023
All-time high at 9/11/2021
Since its IPO in 2000, Bechtle has pursued a shareholder-friendly dividend policy focused on continuity. Year after year, the company has thus distributed profits to its shareholders. What is more, the dividend is regularly increased. So far, Bechtle has never reversed this trend. This too underscores the reliability of the distribution policy of Bechtle AG.
The presentation of the share ownership is based on the provisions of § 33 (1) WpHG with respect to the publication of the voting rights announcements.
As of October 2023, 126 million shares
Voting Rights Announcements.
All voting rights announcements are available on dgap.de.
|Karin Schick||02/5/2022||Learn more|
|Allianz Global Investors||07/05/2021||LEARN MORE|
|DWS Investment||10/02/2021||LEARN MORE|
|Baillie Gifford||17/10/2022||LEARN MORE|
|Flossbach v. Storch||22/7/2022||LEARN MORE|
Consensus - Q3.2023.
11 x Buy or Outperform
5 x Hold or Neutral
1 x Underperform
Average price traget of €50.87
Price target (EUR)
|BNP Paribas Exane||20/11/2023||Neutral||47.00|
On November 30, 2023, Bechtle successfully placed unsubordinated unsecured convertible bonds with a principal amount of €300 million, ISIN: DE000A382293 (the Convertible Bonds) with conversion rights into new and/or existing no-par value sordinary shares of Bechtle AG.
The pre-emptive rights of the existing shareholders of Bechtle AG at this time are excluded.
The convertible bonds (denomination of € 100,000 each) will be issued and redeemed at 100% of their principal amount.
The maximum maturity is seven years.
The Bonds will bear interest at a rate of xx %.
The initial conversion price has been set at € xx,xx, representing a premium of xx % above the reference share price of € xx,xx.
For further information, please refer to the ad hoc announcement of November 30, 2023 as well as the press release of the same day.
|Principal Amount||€300 million|
|Denomination||€100,000 per Bond|
|Issue Date||08 December 2023|
|Maturity Date||08 December 2030 (7 years)|
|Coupon||2.0 per cent p.a.|
|Reference Share Price||€42.30 per share|
|Initial Conversion Premium||30.00 per cent above the Reference Share Price|
|Initial Conversion Price||€54.99 per share|