Volkswagen AG examines stock exchange listing of Porsche AG
Stuttgart. Volkswagen AG has decided to examine the possibility of listing Porsche AG on the stock exchange. Porsche AG's Executive Board welcomes this decision. It underlines the very successful development of the company.Oliver Blume, chairman of the Executive Board of Porsche AG, says: “We welcome this decision of Volkswagen AG. Porsche is a strong brand with a robust business model and a worldwide fan community. We also pursue ambitious sustainability goals. For example, Porsche plans to achieve a neutral CO2 balance in 2030. Porsche and Volkswagen can continue to benefit from joint synergies in the future.”
The decision on a stock exchange listing of Porsche AG lies solely with Volkswagen AG's executive bodies. Porsche AG is therefore unable to provide any further details at this time.
All informations can be found in the Porsche Newsroom: newsroom.porsche.com
Stefan Mayr-Uhlmann
Communications, Sustainability and Politics
Spokesperson Finance and IT
+49 (0)1523 / 911 7804
stefan.mayr-uhlmann@porsche.deText
English (Porsche AG)
S22_0600
2022/02/24
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Volkswagen AG examines stock exchange listing of Porsche AG