thyssenkrupp stock
1) The statement of TSR is made in accordance with the calculation method as approved at the AGM 2021 as part of the renumeration system for the Executive Board. The TSR performance is used in the context of the long-term variable renumeration as a measure for how the value of a share commitment (price change and dividends) develops over a period of time. The TSR performance is calculated per fiscal year based on the share price development plus dividends distributed during the fiscal year. The start value and the end value are based on the average share price, calculated as arithmetic mean of the closing prices during the last 30 trading days before the start or before the end of the fiscal year.
2) Proposal to the Annual General Meeting
3) Weighted average
Stock price performance
At the start of fiscal year 2024 / 2025, the share price was very strongly influenced by macroeconomic factors and the increasing dampening of future prospects. The stock’s very positive performance since the start of the 2025 calendar year was attributable to the announcement of the spin-off of a minority interest in Marine Systems, the significant increase in future defense spending in Europe and the expectations associated with the announced EU investment programs in the infrastructure in individual member states.
As a result of the announcement in May of the Executive Board’s plans to develop stand-alone solutions for the other segments following the spin-off of the Marine Systems segment, the individual businesses were revalued by the capital market. This led to thyssenkrupp stock reaching its highest value for the fiscal year of €11.81 on September 26, 2025. Progress in the realignment of Steel Europe – for example, the sale of thyssenkrupp Electrical Steel India and the basic agreement between the IG Metall trade union and Steel Europe on implementing the industrial concept – and the Marine Systems capital markets day also contributed positively to the stock’s performance, especially toward the end of the fiscal year. Offsetting effects in the reporting year resulted from macroeconomic developments and especially from the discussion surrounding the tariffs imposed by the USA.
The share price at the end of the fiscal year was €11.68, which was 240% higher than at the start of the fiscal year, thus significantly outperforming the benchmark indices. thyssenkrupp stock posted its lowest value of €3.15 on November 1, 2024.
Capital stock and shares
The capital stock of thyssenkrupp AG amounts to €1,593,681,256.96 and is divided into 622,531,741 no-par bearer shares. Each share grants one vote at the Annual General Meeting. thyssenkrupp AG does not currently hold any treasury shares.
In the USA, thyssenkrupp has established a Sponsored Level I American Depository Receipt (ADR) program. These ADRs are traded over the counter (OTC). Deutsche Bank Trust Company Americas (Deutsche Bank) acts as the deposit bank.
Shareholder structure
The Alfried Krupp von Bohlen und Halbach Foundation, Essen, is the biggest shareholder in thyssenkrupp AG. The remaining shares are widely held worldwide, with the focus in the USA, Canada and the United Kingdom. The free float generally taken into account in the weighting of thyssenkrupp’s stock in stock market indices accounts for around 79% of the capital stock as of the reporting date. The Foundation’s shareholding is not included in the free float.
Annual General Meeting
The 26th Annual General Meeting of thyssenkrupp AG was held as a virtual event on January 31, 2025. With the attendance of 47.96% of the capital stock, the Annual General Meeting voted with the necessary majority on all the agenda items submitted for resolution. The dividend approved (€0.15) for fiscal year 2023 / 2024 was paid out on February 5, 2025.
In addition, an Extraordinary General Meeting was held on August 8, 2025, at which the shareholders were able to give their approval for the spin-off of the marine business. With a majority of 99.96% of the capital represented, the Extraordinary General Meeting approved a spin-off as the stand-alone solution for Marine Systems.
Dividend
A proposal will be made to the Annual General Meeting on January 30, 2026 that a dividend of €0.15 per share should be paid for fiscal year 2024 / 2025.
Investor Relations
With a view to implementing the strategy, a continuous dialog with existing and potential shareholders is of great significance, also for our Investor Relations team. Roadshows and conferences in major finance centers are used as key platforms for dialog with the capital market. Discussions in the reporting year continued to focus on the improved operating performance and the progress already achieved, the future development of the portfolio, the target vision and the green transformation. In the past fiscal year, many investors showed interest in the topic of sustainability. The dialog with investors on governance topics was also intensive and the Chairman of the Supervisory Board was particularly involved in this.
Information on the various events and topics is easily accessible in the Investor Relations section on thyssenkrupp’s website.
Capital market
thyssenkrupp stock is monitored by a large number of analysts on a very regular basis. Eleven financial analysts continuously publish investment recommendations and target prices for our company. On the reporting date at the end of September 2025, 36% of these analysts had issued a positive investment recommendation (e.g., buy), 45% a neutral recommendation (e.g., hold) and 18% a negative recommendation (e.g., sell).