palfinger at a glance

search Print
Investor Relations
Research reports
• Berenberg Bank
• Cheuvreux
• Deutsche Bank
• Erste Group
• Goldman Sachs
• Hauck & Aufhäuser
• HSBC
• Raiffeisen Centrobank
• UBS
• UniCredit (up to November 2011)
Dividends
PALFINGER AG pursues a continuous dividend policy, which provides that approximately one third
of the annual profit is to be distributed to shareholders. The net profit of PALFINGER AG for 2011
amounted to EUR 196.1 million; the Management Board will propose to the Annual General
Meeting to distribute a dividend of EUR 0.38 per share for 2011.
Buyback of shares
On 1 December 2011, PALFINGER AG started a share buyback programme providing, in a first
move, for the repurchase of own shares at a maximum price of EUR 12.30 per share and a total of
up to EUR 10 million. By 31 December 2011, 40,840 own shares had been bought back under this
programme. Together with its 328,000 own shares from a buyback programme ended in 2003,
the Company held 368,840 own shares as at the balance sheet date.
Ownership structure
www.palfinger.com
Investor Relations
Corporate Governance
Share Buyback
5% 1%
The Palfinger family, which either directly or indirectly owns 65 per cent of the shares in PALFINGER AG,
is a stable core shareholder. As at 31 December 2011, the Company held approx. 1 per cent of the
shares. About 5 per cent of the shares are held by Delta Lloyd Asset Management NV. The
remaining 29 per cent of the shares are in free float. According to information available to
PALFINGER AG, approx. 40 per cent of the free float is held by private shareholders; the rest is
held by institutional investors, primarily from Continental Europe.
29%
65%
Shareholder strUCture
Palfinger family
Free float
Delta Lloyd
PALFINGER AG
26 palfinger Annual Report 2011