The share capital of Danfoss A/S amounts to DKK 997 million and is divided into two share classes: Class A shares accounting for DKK 425 million and Class B shares accounting for DKK 572 million. Class A shares give rights to ten votes per DKK 100 share (nominal value), whereas Class B shares give rights to one vote per DKK 100 share (nominal value). Furthermore, owners of Class A shares have a pre-emption right to A-shares in the event of share capital increases. No other shares carry special rights.
Bitten & Mads Clausen’s Foundation and the Clausen family hold all issued A-shares and several B-shares corresponding to 99.86% of the votes. The controlling shareholders have entered into a shareholder agreement to ensure a stable future ownership structure.
Employees and senior leaders in Danfoss have, on several occasions, been offered the opportunity to buy employee shares.
Since 2006, Danfoss shares have been registered with the Danish Securities Centre (Værdipapircentralen). This means that the shares are generally not subject to trading restrictions or obligations. However, up until now, in practice Danfoss A/S has bought back shares, which holders have wished to realize at the price in force at the time in question.
Dividends are determined by the General Meeting upon recommendation from the Danfoss Board of Directors. Dividends are paid out in Danish kroner and is deposited on the dividend account associated with the share deposit.
|Dividend per share (DKK)||10||10||10||12.5||15||18||20||25||20|
|Dividend per share (DKK)||0||10||31.5||39.2||78.3||48.90||51.8||50.2||60.2|
|Dividend per share (DKK)||60.2||0||0||141.3|