Questions & Answers

We have answered the frequently asked questions by our investors and shareholders here. If you have any further questions do not hesitate to contact us.


  • When was Henkel founded?
  • Where is Henkel’s head office?
  • How many people does Henkel employ?
  • In what business units is Henkel active?
  • What is the sales breakdown by division and region?
  • What is Henkel's legal form of incorporation?

On September 26,1876 Fritz Henkel and two partners founded the company Henkel & Cie in Aachen, Germany.

Henkel's head office is in Düsseldorf, Germany.

The number of people employed by the Henkel Group at the end of 2019 was 52,4501.

1 Basis: permanent employees excluding apprentices.

Henkel is organized into three business units:

Adhesive Technologies
Henkel is the leading solution provider for adhesives, sealants and functional coatings worldwide.

Beauty Care
Henkel Beauty Care holds leading market positions worldwide, and its brand-name products business is continuously expanding.

Laundry & Home Care
The Laundry & Home Care business unit is the cornerstone of Henkel’s success story: It all started with a product from this business sector.

Henkel is a Kommanditgesellschaft auf Aktien or KGaA (partnership limited by shares). Because the sole personally liable partner of the corporation is a joint stock entity, Henkel Management AG, and according the provisions of German company law this must be apparent from the corporation’s name, Henkel trades as “Henkel AG & Co. KGaA”.

Henkel AG & Co. KGaA holds all the shares in Henkel Management AG. Such a structure in which a KGaA is itself the sole shareholder of the joint stock entity which, in turn, is the sole personally liable partner of the KGaA, is referred to as a “Unified Company”.

The other legally prescribed corporate bodies are the Supervisory Board and the General Meeting. In addition, Henkel has a Shareholders’ Committee as required by its Articles of Association. The overall structure therefore looks like this:

Abbreviation for “Kommanditgesellschaft auf Aktien.” A KGaA is a company with a legal identity (legal entity) in which at least one partner has unlimited liability with respect to the company’s creditors (personally liable partner), while the liability for such debts of the other partners participating in the share-based capital stock is limited to their share capital (limited shareholders). 

Financial Glossary Schließen


  • When was the IPO of Henkel preferred shares?
  • When was the IPO of Henkel ordinary shares?
  • On which stock exchanges is Henkel listed?
  • In which indices is Henkel represented? 
  • What is the shareholder structure at Henkel?
  • What is the difference between ordinary and preferred shares?
  • What is the number of Henkel shares?
  • Where do I get information about the development of the share price?
  • What is the average daily trading volume?
  • Do you have a share buy-back program?
  • Does Henkel hold treasury stocks?
  • Does Henkel have an ADR program?
  • Does Henkel offer an employee share plan?
  • Is it possible to get or switch physical share certificates?
  • How can I sell my Dial shares?

The Henkel preferred shares were first listed on October 2, 1985. The shares were issued at EUR 145.72 (equals DM 285) and first traded on October 11, 1985, at EUR 199.4 (equals DM 390).

On July 2, 1996 the par value of Henkel shares was reduced to a tenth from DM 50 to DM 5 each.

On June 18, 2007 the shares were split 1:3. The newly issued shares have no par value. Each share represents an amount 1 € out of the total share capital.

In 1996 all holders of preferred shares were given the opportunity to convert 10 percent of their preferred shares into ordinary shares. Next all ordinary shares were admitted to trading on the stock exchange on July 2, 1996. In conjunction with the conversion, the par value of Henkel shares was reduced to a tenth from DM 50 to DM 5 each.

In 2007 the shares were split 1:3. The new par value is 1€.

Henkel shares are traded on the Frankfurt Stock Exchange, predominantly on the Xetra electronic trading platform. Henkel is also listed on all regional stock exchanges in Germany.

Henkel as a DAX stock counts among the 30 most important listed corporations in Germany. Furthermore, the Henkel preferred shares are also included in major international indices.

Particularly noteworthy in this respect are the MSCI World, STOXX® Europe 600, and FTSE World Europe indices. Henkel’s inclusion in the Dow Jones Titans 30 Personal & Household Goods Index makes it one of the most important corporations in the personal and household goods sector worldwide.

The preferred shares are widely owned internationally. Apart from the treasury shares, they are entirely in free float (97.93% free float, 2.07% treasury shares as of December 31, 2019).

61.20 % of the ordinary shares are held by members of the Henkel family share-pooling agreement (as of October 12, 2019).

Preferred shares carry the same rights as ordinary shares, with the exception of the generally excluded voting right. To compensate for the restriction in voting rights, preferred shares take precedence in the distribution of profit, usually reflected in a higher dividend payout.

In the event that this “preferential dividend” is not paid, or is not fully paid in a year, followed by failure to pay the balance in addition to the full preferential dividend for the following year, the latent voting rights of the preferred shares are revived.

   Preferred shares           178,162,875
+ Ordinary shares           259,795,875
= Total                            437,958,750

Information about the historical and current share price can be found here.

Ordinary shares1

Preferred shares1











































1 Average turnover of shares per trading day (Xetra).

Henkel has been authorized by the Annual General Meeting to buy back ordinary or preferred shares provided that the shares bought on grounds of this authorization along with other shares that the company has already purchased or that are assigned to the company do not exceed 10% of the subscribed capital.

Additionally, there were share buy-backs to cover the Henkel LTI 2020+ ‏(cycle 2017-2020) with a volume of 33.4 million euros from March 6, 2018 until March 23, 2018.

Please find further information here.


Number of pref. shares

Proportion of
total capital stock
in million euros

 in %

Dec. 31, 20193,680,5523.700.84
Dec. 31, 20183,680,5523.700.84

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A “Sponsored Level I ADR (American Depositary Receipt) Program” was introduced in 1996 for the preferred and ordinary shares. American Depositary Receipts are certificates of ownership of shares in a non-US company, which are placed and traded instead of shares in the USA.

For further information on our ADR program please click here.

Since 2001, Henkel has provided its employees with the opportunity of acquiring Henkel preferred shares within the framework of its Employee Share Plan (ESP), thus enabling them to participate in the fortunes of the corporation.

Further information about the employee share program can be found here.

According to our Articles of Association (Art. 6 (4), Sentence 2) there is no right to claim issuance of share certificates evidencing single shares.

In case you still own physical share certificates and you would like to switch them please contact your custodian bank.

Henkel does not keep or offer cancelled or ancient shares as collectibles.

Citibank, N.A. serves as our Paying Agent for the exchange of the Dial Corporation shares. You may contact Citibank at the following numbers:
(Toll Free with the US) 1-877-498-5424 or (Collect) 1-781-930-4925.

Key Figures and Dividends

  • When will the next results be released?
  • How do I get the Annual Report?
  • What are Henkel’s key figures?
  • Which accounting principles does Henkel use?
  • When is the next dividend payment date?
  • What amounts of dividends have been paid so far?
  • What is Henkel’s dividend policy?
  • What should shareholders be aware of with regard to payment and taxation of dividends?

You can find all release dates in our Financial Calendar.

You can download the Annual Report as well as other financial publications on our Financial Publication page.

The most important Key figures you will find here.

Since 1997, Henkel has drawn up its annual and interim financial statements according to  “International Financial Reporting Standards” (IFRS).

The next dividend payment will be approved by the Annual General Meeting and the dividend will be distributed on the third business day following the Annual General Meeting.

Dividend per 
ordinary shares
(in euros)

Dividend per
preferred shares
(in euros)

Total dividend
(in million euros)

















































































  * Proposal to shareholders for the Annual General Meeting 2020.

According to our dividend policy, dividend payouts of Henkel AG & Co. KGaA shall, depending on the company’s asset and profit positions and its financial requirements, be in the range of 30 to 40 percent of net income – adjusted for exceptional items – after non-controlling interests.

Proportion of equity attributable to third parties in subsidiaries included within the scope of consolidation. Previously termed “minority interests.” Valued on a proportional net asset basis. A pro-rata portion of the net income of a corporation is due to shareholders owning non-controlling interests.

Financial Glossary Schließen

You can find detailled information on taxation of dividends here.

Annual General Meeting

  • When and where will the next Annual General Meeting take place?
  • What are the conditions of participation in the Annual General Meeting? How will I receive my admission card?
  • What can I as a shareholders do if I have registered in time but have not received, or have lost, my admission card?
  • How can I exercise my voting rights without attending the Annual General Meeting?
  • Is it possible to vote via the internet? 
  • Is there a time limit for issuing the written proxy and instructions to the proxyholders appointed by Henkel?
  • Where are countermotions by shareholders published?
  • Is there a broadcast of the Annual General Meeting on the internet?

You will find all relevant information on our upcoming AGM here.

Participation in the Annual General Meeting is restricted to those shareholders who have registered with the Company and have presented a certificate of proof in text form in German or English, confirming their ownership of Henkel shares, issued by the depository bank or depository financial services institution holding their shares. The registration and the certificate must be sent to the office indicated in the relevant invitation to the AGM within the time period indicated in the invitation (usually 7 days prior to the date of the AGM).

The certificate confirming ownership of shares must relate to the start of the 21st day prior to the AGM. Shareholders wishing to participate in the AGM should inform their depository bank or depository financial services institution as early as possible. This bank or institution will then send the registration and the certificate of ownership of shares in the required form to the registration office, which will then issue the admission cards for the AGM and send these to the shareholders concerned.

Provided that you have duly registered and provided proof of your ownership of shares, you merely need to make yourself known to the Shareholders’ Desk in the Congress Center Dusseldorf on the day of the AGM, and inform the people there that you have either not received your admission card in time or that you have lost it. You will then be issued with a replacement admission card.

Shareholders not wishing to attend the Annual General Meeting personally may have their voting rights (ordinary shares only) exercised at the Annual General Meeting by proxy, e.g. by a bank or a shareholders’ association.

In addition, we offer our shareholders the option of being represented at the Annual General  Meeting by proxyholders nominated by the Company. The shareholders availing themselves of this facility require for this purpose an admission card to the Annual General Meeting to which a corresponding proxy form is attached.

The proxies must be assigned in writing. Insofar as proxyholders nominated by the Company are vested with this authority of representation, instructions must be issued as how the voting rights are to be exercised. Without these instructions, the proxy is invalid. The proxyholders are obliged to cast the votes as instructed. Please note that the proxyholders cannot accept instructions to speak to the meeting, submit motions or ask questions.
We also offer our shareholders the facility of issuing their proxies and instructions to the proxyholders nominated by the Company electronically or via the internet instead of in written form, using the procedures stipulated by the Company.

Details relating to the issue of proxies and instructions to the proxyholders nominated by the Company are available here.

Your proxy and instructions to the proxyholders nominated by the company can also be issued via the internet.  The proxyholders are obliged to vote in accordance with your instructions on the individual agenda items.

Further information can be found here in due time.

For shareholders wishing to have their voting rights exercised by third parties there are basically two possibilities to issue their proxy and instructions – either in writing or via the internet.

In writing
Shareholders receive the proxy form together with the admission card. The completed and signed proxy form must be dispatched to arrive by the date indicated in the proxy form at the address likewise indicated in the proxy form.

Proxies and voting instructions may be issued or modified via the internet up to and on the day of the Annual General Meeting until the end of the address given by the Chairman of the Management Board.

Where notifiable motions by shareholders (countermotions) pertaining to the agenda of the Annual General Meeting have been received, you will be able to read their wording on the internet.

The opening of the Annual General Meeting by the Chairman of the Meeting and also the presentation given by the Chairman of the Management Board can be followed live on the internet by anyone wishing to do so. The voting results will also be published in the internet after the Annual General Meeting.

Corporate Governance

  • What does Corporate Governance mean?
  • What importance does Corporate Governance have at Henkel?
  • What is the German Corporate Governance Code?
  • Does Henkel comply with the German Corporate Governance Code?
  • What responsibilities does the Supervisory Board have and what is its composition?
  • How do the different corporate bodies work together?
  • Has Henkel issued a Declaration of Compliance?

The origin of Corporate Governance, its declaration and implementation goes back to 1930 and is rooted in the separation of ownership and control.

Corporate Governance deals with the specification and compliance of rules and procedures by which a company should be managed. The term Corporate Governance stands for responsible corporate management and control geared to long-term value creation. In Germany, the principles of Corporate Governance are laid down in the German Corporate Governance Code.

Further information about Corporate Governance at Henkel can be found here.

System of management and control, primarily within listed companies. Describes the powers and authority of corporate management, the extent to which these need to be monitored and the extent to which structures should be put in place through which certain interest/ stakeholder groups may exert influence on the corporate management. 

Financial Glossary Schließen

Acting in conformity with applicable regulations; adherence to laws, rules, regulations and in-house or corporate codes of conduct. 

Financial Glossary Schließen

The German Corporate Governance Code (abbreviation: DCGK) is intended to render the rules governing corporate management and control for a stock corporation in Germany transparent for national and international investors, engendering trust and confidence in the corporate management of German companies. 

Financial Glossary Schließen

The Management Board, the Shareholders’ Committee and the Supervisory Board are committed to ensuring that the management and stewardship of the corporation are conducted in a responsible and transparent manner aligned to achieving a long-term increase in shareholder value. With this in mind, they have pledged allegiance to the following three principles:

  • Value creation as the foundation of our management approach
  • Sustainability achieved through the application of socially responsible management principles
  • Transparency supported by an active and open information policy

Further information about Corporate Governance at Henkel can be found here.

The "German Corporate Governance Code“ aims to make the German Corporate Governance system transparent and understandable and therefore to strengthen the confidence of international and national investors in the management and supervision of listed German corporations. The Code was ratified on February 26, 2002.

Subject to the specific regulations governing companies with the legal form of a German partnership limited by shares (“KGaA”) and to the pertinent provisions of its Articles of Association, Henkel basically complies with the recommendations (“shall” clauses) and suggestions (“may” clauses) of the German Corporate Governance Code.

Henkel’s Declaration provides more specific details and the recommendations and suggestions implemented. 

The Shareholders’ Committee has a minimum of five and a maximum of ten members. The members are elected by the AGM of the Henkel AG & Co. KGaA . The tenure of office is five years unless otherwise stipulated at the time of election.

The Shareholders’ Committee carries out the tasks and functions delegated to it by the General Meeting or by dint of the Articles of Association. In particular, the Shareholders’ Committee participates in the management of the corporation in lieu and as an agent of the General Meeting. It is involved in the formulation of the corporate guidelines, the corporate objectives and long-term planning objectives, and supervises and advises the Henkel Management AG/Management Board regularly on the stewardship of the corporation. It participates in the drafting of important corporate decisions, offers suggestions as to business development and monitors compliance with the planning goals.

It is also responsible for resolving on the appointment and dismissal of Personally Liable Partners and holds both the power of representation and executive powers over the legal relationships prevailing between the Corporation and Henkel Management AG as the Personally Liable Partner.  Moreover, it is also the responsibility of the Shareholders’ Committee to exercise the voting rights of the Corporation in the Annual General Meeting of Henkel Management AG.  Consequently, it appoints the members of the Supervisory Board of Henkel Management AG and is therefore involved in the appointment of the members of the Management Board.  It may also issue Rules of Procedure incumbent upon Henkel Management AG.

The members of the Shareholders’ Committee you can find here.

The Management Board, Shareholders’ Committee and Supervisory Board of Henkel AG & Co. KGaA cooperate closely for the benefit of the corporation.

The Management Board agrees the strategic alignment of the corporation with the Shareholders’ Committee and discusses the status of implementation.

For transactions of fundamental significance, the Shareholders’ Committee has established a right of veto in the procedural rules governing the actions of Henkel Management AG in its function as sole personally liable partner. This covers, in particular, decisions or measures that materially change the net assets, financial position or results of operations of the Corporation. The Management Board complies with these rights of consent and also the spheres of authority of the General Meeting in matters subject to statutory control.

In keeping with good corporate management practice, Management Board informs the Shareholders’ Committee and the Supervisory Board regularly, and in a timely and comprehensive fashion, of all issues of relevance to the Corporation concerning business policy, corporate planning, profitability, the business development of Henkel AG & Co. KGaA and of major Group companies, and also the risk situation and risk management structures and activities.

Further information about the corporate bodies can be found here.

You can view and download the current and historic declarations here.


  • In which sustainability indices is Henkel listed?
  • How do Henkel's sustainability activities contribute to shareholder value?

Please find further information in our latest Sustainability Report (p.173).

We are convinced that our continued focus on sustainability will help to grow the long-term value of our company and to realize our strategic priorities. Our insistence that each new product must combine excellent performance with responsibility toward people and the environment results in increasingly efficient products and improved technical solutions. Thereby sustainability becomes an important driver of economic growth and the generation of competitive advantage in the market. By sharing our decades of experience in sustainability we can offer effective solutions to our customers for improving their own sustainability performance. With our brands and technologies, which combine top quality with responsibility toward people and the environment, we can position Henkel as a leading sustainability partner for our industrial customers, for retailers, and for consumers. In addition, corporate social responsibility strengthens the motivation of our employees and their identification with the company.