Today, Siemens Energy AG began trading on the Frankfurt Stock
Exchange. The share’s opening price was quoted at 22,01 Euro, which
corresponds to a market capitalization of 15.993.460.697,93 Euro.
Christian Bruch, CEO of Siemens Energy: “Our listing marks the start of a
new, important era in the company’s history. As an independent
company, we now have the entrepreneurial flexibility we need to help
shape the global transformation of the energy markets in a sustainable
and economically successful manner. We are also aware of the
responsibility this brings with it, because with listing we are not only
committed to society, but also to our shareholders. We are now doing
everything in our power to seize the opportunities offered by the global
energy transformation. Our 91,000 employees are committed to helping
our customers transforming the energy market.”
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The listing is following the successful spin-off of the Gas and Power
business from Siemens AG. With 91,000 employees in more than 90
countries, Siemens Energy is a leading global energy technology
company. With its service business and its 67 percent share in the listed
Siemens Gamesa Renewable Energy, Siemens Energy is operating along
almost the entire energy value chain. An estimated one-sixth of the
world’s power generation is already based on technologies from Siemens
Energy. The largest shareholder is Siemens AG with a stake of 35.1
percent.
