Stock market milestones
Adolf Ahlers GmbH, a private limited company, is re-incorporated as a joint-stock company. The first Annual Shareholders’ Meeting on April 9 resolved to raise the share capital by DM 5 million to DM 30 million.
A consortium of banks led by Commerzbank AG underwrites the shares which are offered for subscription between May 22 and May 26. The issue price of the DM 50 shares is set at DM 300 and the offering is several times oversubscribed within a very short time.
Trading in Düsseldorf and Frankfurt commences on June 3 and the first official price was recorded at DM 320.
|1997||Capital increase by DM 10 million to DM 60 million|
|1998 ||Listing in official trading|
Inclusion in SMAX and SDAX indexes
Capital increase by DM 12 million to DM 72 million
|2000||Capital increase from capital reserve to EUR 43 million|
|2001||Voluntary delisting from the SMAX segment/index|
|2004 ||Inclusion in the Prime Standard segment of the German stock exchange|
|2008/09 ||Repurchase of almost 5 percent of the common shares and preferred shares|
|2010||Redemption of the acquired own shares in a simplified procedure without capital reduction by adjusting the imputed pro-rata amount of the other shares in the Company's share capital.|