Shares
Henkel preferred shares have been publicly listed since 1985, the ordinary shares since 1996. Both share classes are traded on all eight German stock exchanges.
Since the issue of Henkel’s preferred share in 1985, investors who reinvested the dividends received (before tax deduction) in the stock would, by end of 2019, have achieved an average yield of 10.7 percent. Over the same period, the DAX provided an annual return of 7.4 percent.
In the USA, investors are able to acquire Henkel ordinary and preferred shares by the way of stock ownership certificates obtained through the Sponsored Level I ADR (American Depositary Receipt) program. On January 3, 2019 BNY Mellon, as Depositary, at the direction of Henkel AG & Co. KGaA, announced a ratio change on the Depositary Receipt program from 1 ADR representing 1 share to the new ratio of 4 ADRs representing 1 share effective from January 15, 2019.
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 SchließenShare Data
| Preferred shares | Ordinary shares | |
|---|---|---|
| Security code | 604843 | 604840 |
| ISIN code | DE0006048432 | DE0006048408 |
| Stock exchange symbol | HEN3.ETR | HEN.ETR |
| Reuters | HNKGPR | HNKG |
| Bloomberg | HEN3 | HEN |
| SEDOL | 5076705 | 5002465 |
| Number of shares | 178,162,875 | 259,795,875 |
| Number of outstanding shares | 174,482,323* | 259,795,875 |
| * Excl. treasury shares as of December 31, 2019 | ||
Preferred shares were issued with a par value of 50 DM each for the initial public offering. Because of the change of par value from 50 DM to 5 DM on July 2,1996 and a share split in the ratio of 1:3 on June 18, 2007, this currently corresponds to 30 shares.
Shareholder Structure
61.54 percent of the Henkel ordinary shares are held by members of the Henkel family share-pooling agreement.1 The preferred shares are the significantly more liquid class of Henkel shares. Apart from the treasury shares (2.07 percent), they are entirely in free float. A large majority are owned by institutional investors whose portfolios are usually broadly distributed internationally.
1 As of April 24, 2020.
American Depositary Receipts (ADRs)
| Preferred ADRs (preferred share ownership certificates) | Ordinary ADRs (ordinary share ownership certificates) | |
|---|---|---|
| ADR symbol | HENOY | HENKY |
| CUSIP | 42550U208 | 42550U109 |
| ISIN | US42550U2087 | US42550U1097 |
| Ratio | 1 share : 4 ADRs | 1 share : 4 ADRs |
