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thyssenkrupp AG (TYEKF)
| Previous close | 5.10 |
| Open | 5.00 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 5.00 - 5.04 |
| 52-week range | 4.81 - 8.33 |
| Volume | |
| Avg. volume | 1,003 |
| Market cap | 3.138B |
| Beta (5Y monthly) | 1.97 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -4.02 |
| Earnings date | 14 Aug 2024 |
| Forward dividend & yield | 0.16 (3.20%) |
| Ex-dividend date | 05 Feb 2024 |
| 1y target est | N/A |
ReutersThyssenkrupp can't afford delays over future of steel unit, chairman says
Thyssenkrupp's chairman on Saturday defended a move to sell a stake in the group's steel unit to Czech billionaire Daniel Kretinsky against the will of worker representatives, adding the company could not afford to delay critical decisions. Powerful labour leaders at the German conglomerate, who hold half the seats on its supervisory board, are in open conflict with management, arguing they are being sidelined in Thyssenkrupp's efforts to sell its steel business TKSE. A plan to sell 20% in the business to Kretinsky could only be approved by the board because the vote of chairman Siegfried Russwurm counts twice in the event of a stalemate.
ReutersThyssenkrupp to pare back funding for steel unit in 50:50 JV with Kretinsky
FRANKFURT/DUESSELDORF (Reuters) -Thyssenkrupp will merely contribute funding to its steel division should the German conglomerate agree on a 50:50 joint venture for the unit with Czech billionaire Daniel Kretinsky, it said on Wednesday. The German group plans to close a sale of 20% in the division to Kretinsky by the end of September while talks over the sale of an additional 30% in Thyssenkrupp Steel Europe (TKSE) continue. Thyssenkrupp said that it would continue to finance the steel division "for the time being" after the sale of the 20% stake in the steel to Kretinsky has been completed by the end of September.
- Reuters
Thyssenkrupp materials trading unit head Stillger steps down
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.
