Rheinmetall has a stable and large proportion of institutional investors, which has changed only slightly in recent years. At the end of 2018, an external service provider analyzed our shareholder structure – as had been done on a regular basis in previous years. The analysis was based on publications from investment companies and other institutional shareholders in addition to inquiries among investors.
At 99% of all shareholders, the scope of the analysis once again reached a high level. The percentage of institutional investors increased from 73% in the previous year to 76%. The majority of this segment is based in Europe, with its share increasing by 8 percentage points to 46%. Shareholders who held over one million shares each came from Germany, the UK, France and Norway. Institutional investors from North America held 29% in Rheinmetall AG, 6 percentage points lower than at the end of 2017. A further 24% of shares (previous year: 27%) are held by private investors, Rheinmetall AG itself, other shareholders and investors who were not identified during the survey. The 50 largest institutional investors hold 70% (previous year: 64%) of shares.
In-depth details of the corporate and business divisions are also presented to capital market players at the Capital Market Days. During the events, the Executive Board and representatives of management of the two divisions give a direct and comprehensive insight into business performance, strategy and perspectives and are available to analysts for extensive discussions.
Fixed appointments in the Investor Relations diary continue to be the presentation of the annual financial statements as part of the Annual Accounts Press Conference and the Analysts Conference as well as the telephone conferences for the quarterly reports.