SEC Form 20-F - Deutsche Bank Annual Report 2012

Deutsche Bank
Annual Report 2010 on Form 20-F
Item 9: The Offer and Listing
Offer and Listing Details
Item 9: The Offer and Listing 123
Our share capital consists of ordinary shares issued in registered form without par value. Under German law,
shares without par value are deemed to have a “nominal” value equal to the total amount of share capital divided
by the number of shares. Our shares have a nominal value of € 2.56 per share.
The principal trading market for our shares is the Frankfurt Stock Exchange. Our shares are also traded on the
six other German stock exchanges (Berlin, Düsseldorf, Hamburg, Hannover, Munich and Stuttgart) and on the
New York Stock Exchange.
We maintain a share register in Frankfurt am Main and, for the purposes of trading our shares on the New York
Stock Exchange, a share register in New York.
All shares on German stock exchanges trade in euro. The following table sets forth, for the calendar periods
indicated, high, low and period-end prices and average daily trading volumes for our shares as reported by the
Frankfurt Stock Exchange and the high, low and period-end quotation for the DAX® (Deutscher Aktienindex)
index, the principal German share index. All quotations are based on intraday prices. The DAX is a continuously
updated, capital-weighted performance index of 30 major German companies. The DAX includes shares selected
on the basis of stock exchange turnover and market capitalization. Adjustments to the DAX are made for capital
changes, subscription rights and dividends, as well as for changes in the available free float. Historical share
prices prior to October 6, 2010 have been adjusted in the following table to reflect our rights offering and share
issuance by multiplying the historical share price by a correction factor of 0.912477.
High
(in €)
Low
(in €)
Our shares DAX ® -Index
Price per share 1
Average daily
trading volume
Period-end (in thousands
(in €) of shares)
High Low Period-end
Monthly 2011:
February 48.70 42.92 46.58 7,214.70 7,441.82 7,093.91 7,272.32
January 44.70 39.24 43.17 6,846.65 7,180.15 6,835.74 7,077.48
Monthly 2010:
December 40.40 36.92 39.10 6,345.38 7,087.84 6,736.69 6,914.19
November 42.46 35.93 36.60 8,048.75 6,907.61 6,586.01 6,688.49
October 42.93 39.48 41.42 9,294.15 6,668.54 6,115.87 6,601.37
September 46.47 38.71 40.15 12,812.85 6,339.97 5,876.43 6,229.02
Quarterly 2010:
Fourth Quarter 42.93 35.93 39.10 7,898.48 7,087.84 6,115.87 6,914.19
Third Quarter 51.47 38.71 40.15 7,962.86 6,386.97 5,809.37 6,229.02
Second Quarter 55.11 40.95 42.50 8,838.98 6,341.52 5,607.68 5,965.52
First Quarter 53.80 38.51 51.90 7,339.56 6,203.50 5,433.02 6,153.55
Quarterly 2009:
Fourth Quarter 53.05 41.23 44.98 5,728.40 6,026.69 5,312.64 5,957.43
Third Quarter 49.09 37.35 47.73 6,489.66 5,760.83 4,524.01 5,675.16
Second Quarter 45.16 26.73 39.31 8,835.91 5,177.59 3,997.46 4,808.64
First Quarter 29.96 14.00 27.58 12,472.71 5,111.02 3,588.89 4,084.76
Annual:
2010 55.11 35.93 39.10 8,008.98 7,087.84 5,433.02 6,914.19
2009 53.05 14.00 44.98 8,357.53 6,026.69 3,588.89 5,957.43
2008 81.73 16.92 25.33 10,017.38 8,100.64 4,014.60 4,810.20
2007 107.85 74.02 81.36 6,688.40 8,151.57 6,437.25 8,067.32
2006 94.00 73.48 92.23 4,611.36 6,629.33 5,243.71 6,596.92
Note: Data is based on Thomson Reuters and Bloomberg.
1 Historical share prices have been adjusted on October 6, 2010 with retroactive effect to reflect the capital increase (correcting factor 0.912477).