An Annual General Meeting is an event for shareholders, who may attend in person or be represented by a proxy.
If shareholders are unable to attend the Annual General Meeting, they may submit postal votes or issue proxies to a third party or to the voting representative appointed by the company. Shareholders will receive the relevant documents directly from their bank; they are also available here together with the agenda.
“Corporate Governance” means responsible company management and supervision that aims to achieve long-term value enhancement. It increases the transparency of the statutory and company-specific conditions for the management of listed companies and hence promotes the confidence of investors, customers, employees, and the general public in this regard.
Beiersdorf AG welcomes the regularly updated German Corporate Governance Code presented by the Government Commission. The Code not only creates transparency for domestic and foreign investors as regards the framework for corporate management and supervision in Germany, but also establishes generally accepted standards for good and responsible company management.
Good corporate governance has been a high priority at Beiersdorf even before the publication of the Code. Close, efficient cooperation between the Executive and Supervisory Boards, a focus on shareholder interests, open corporate communication, proper accounting and auditing, and responsible risk management have always been the basis of the Company’s success. As a result, compliance with the Code and its amendments did not necessitate any fundamental changes at Beiersdorf.
Beiersdorf has been listed in the stock exchange since 1928.
The Beiersdorf share is listed on stock exchanges in Germany. Main stock exchanges are Frankfurt and Hamburg. Others are Berlin, Duesseldorf, Hannover, Munich and Stuttgart.
ISIN code: DE 0005200000
Bloomberg: BEI GR
Beiersdorf has been a part of DAX, the index for the 30 largest companies in Germany, since December 2008.
Beiersdorf owns 9.99% of the share capital. That is the legal maximum. Additional share buy-backs are therefore not possible. However, if Beiersdorf cancelled its own shares additional buy-back would be possible. In the Annual General Meeting company asked from shareholders the right to buy back shares in case of cancellation.