Shareholder Structure

The Federal Republic’s shareholding including that of Kreditanstalt für Wiederaufbau (KfW), stands at approximately 32.0 percent. The proportion of institutional investors increased slightly to 53.9 percent, while the share of retail investors decreased to 14.1 percent. As a result, the percentage of shares in free float remains at 68 percent of the share capital.

Chart: Shareholder structure
Chart: Geographical distribution of free float