Porsche will go public on September 29

The Volkswagen group announced this Sunday its intention to list its sports brand on the stock market Porsche from September 29, with a valuation objective of up to 75 billion euros. The Stuttgart brand has in fact set a placement price range for the preferred shares of Porsche AG, with a value between 76,50 euros and 82,50 euros per unit. In a nod to the firm's DNA, Porsche's capital was thus divided into 911 million shares, 50% of which were in the form of preferred shares, and the other half in ordinary shares with rights. voting. Volkswagen plans to place 25% of the preferred shares on the stock market, i.e. a total of 113 shares and 875% ​​of the company's capital. If Volkswagen is taking the risk of putting this 000% ​​at stake, it is with the aim of obtaining enough to successfully electrify its range, as well as all investments concerning connected and autonomous cars. 

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