Previous Close | 4.7330 |
Open | 4.7320 |
Bid | 4.6440 x 200000 |
Ask | 4.6440 x 200000 |
Day's Range | 4.6390 - 4.7320 |
52 Week Range | 4.3000 - 7.5160 |
Volume | |
Avg. Volume | 32,952 |
Market Cap | N/A |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | Aug 14, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
Thyssenkrupp said on Tuesday Martin Stillger, head of its materials services trading unit, would step down at the end of May, drawing further union criticism over management decisions pushed through despite the opposition of workers. Thyssenkrupp Materials Services accounted for more than a third of the group's total revenue in the 2022/23 fiscal year with sales of 13.6 billion euros ($14.8 billion). Thyssenkrupp said Stillger's resignation came of his own volition after little more than two years in the role, and a decision on his successor would be made in the near term.
FRANKFURT (Reuters) -Thyssenkrupp on Thursday said its supervisory board approved a planned sale of 20% of the conglomerate's steel division to Czech billionaire Daniel Kretinsky in the face of continued opposition from labour representatives. The German industrial group said that labour leaders, who hold half of the non-executive board's seats, voted against the deal. Board Chairman Siegfried Russwurm's vote was counted twice, which is allowed under German corporate governance laws to break a stalemate.
Germany's most powerful union has threatened to withhold support for a partial sale of Thyssenkrupp's steel unit unless the group provides guarantees for investments, sites and jobs, a leading labour representative told weekly Welt am Sonntag. "Those are red lines for us," said Knut Giesler, who leads IG Metall's branch in North Rhine-Westphalia, where Thyssenkrupp is based. If there were no assurances in writing by a supervisory board meeting scheduled for May 23, Giesler could not imagine that labour leaders, which hold half of the committee's seats, would vote in favour of a planned sale of 20% of Thyssenkrupp's steel unit to Czech billionaire Daniel Kretinsky, he said.