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VIPsight

Corporate Governance – portrayed in the individual cultural and legal framework, from the standpoint of equity capital.

VIPsight is a dynamic photo archive, sorted by nations and dates, by and for those interested in CG from all over the world.

VIPsight offers, every month:
transparent and independent current information / comments / facts and figures on corporate governance locally and internationally,

  • written by local CG experts,
  • selected and structured by the Club of Florence,
  • financed by its initiator VIP and other sponsors with a background of “Equity and Advisory” interests.
     

VIPsight International


Article Index

 

Capital News

 

The Deutsche Bank has announced in a mandatory release under the Securities Trading Act that on 15 September it had passed the threshold of three percent of its own shares and now held 3.03 percent of outstanding shares. The papers were purchased in the spot market. The Bank intends to use the repurchased shares to meet obligations under stock-based compensation. The bank had lowered the variable components of employee compensation for the previous fiscal year and raised the fixed salaries.

 

After the price drop in its shares, GAGFAH had by 4 October repurchased 75 million euros worth of its own shares. The real-estate group tried to induce investors troubled by exchange losses to accept the offer by threatening to take the shares off the stock market. A small free float makes deletion from the exchange list possible. A delisting is probably, from the Board’s perspective, in the best long-term interests of the company. The offer was not subject to the regulations of the German Takeover Act and has not been presented to BaFin.