61.82 percent of our ordinary shares (as of April 4, 2022) are held by members of the Henkel family share-pooling agreement. In addition, Henkel holds 2,183,875 ordinary shares (as of September 30, 2022) as treasury stock; this corresponds to around 0.84 percent of the ordinary shares and around 0.50 percent of the total capital stock. Compared to the ordinary shares, our preferred shares are the significantly more liquid class of Henkel stock. Apart from the 11,083,997 treasury shares (as of September 30, 2022) – corresponding to around 6.22 percent of the preferred shares and around 2.53 percent of total capital stock – they are entirely in free float. A large majority is owned by institutional investors whose portfolios are usually broadly distributed internationally. Due to the ongoing share buyback program, the number of treasury shares held by the company increases continuously. Detailed and latest information on the ongoing share buyback program is available here.