Exclusive-Siemens likely to transfer Siemens Energy stake to pension fund, CFO says [Yahoo! Finance]
SIEMENS AG SPONS ADR (SIEGY)
NASDAQ:AMEX Investor Relations:
siemens.com/investor
Company Research
Source: Yahoo! Finance
fund to avoid diluting the value of the company's shares via a placement, the group's finance chief told Reuters. The comments are the clearest indication yet of Siemens' plans for the stake which is currently valued at 3.36 billion euros ($3.63 billion) having more than doubled year-to-date. Siemens Energy was spun off in 2020 and its shares have massively fluctuated as it grapples with issues at its wind turbine business. Siemens CEO Roland Busch said in February the plan was to continue reducing its holding based on the market environment. "We don't want to create additional volatility on the capital market at Siemens Energy - the company has had enough of that recently," CFO Ralph Thomas said in an interview this week. Munich-based Siemens has in the past transferred shares in its former energy subsidiary to the Siemens pension trust, which is gradually selling them off, while investors have been keen to find out what the company will do with the rest. "The most likely s
Show less
Read more
Impact Snapshot
Event Time:
SIEGY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SIEGY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SIEGY alerts
High impacting SIEMENS AG SPONS ADR news events
Weekly update
A roundup of the hottest topics
SIEGY
News
- Siemens Canada to invest $14 M in modernization and expansion of Drummondville manufacturing plant [Yahoo! Finance]Yahoo! Finance
- Workera Receives Awardable Status from the Department of Defense Chief Digital and Artificial Intelligence Office's Tradewinds Solutions Marketplace [Yahoo! Finance]Yahoo! Finance
- Ukraine Expects More Gas Traders to Tap Its Storage by September [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Ukraine Expects More Gas Traders to Tap Its Storage by September [BNN Bloomberg (Canada)]BNN Bloomberg
- Siemens Energy Eyes Biggest Wind Turbine to Rival China [Financial Post (Toronto, Ontario, Canada)]Financial Post