In 1833 the “General Pension Fund in Stuttgart” was founded; the predecessor of the Württembergische Insurance Company. In 1921 the “Association of Friends” was founded; the predecessor of Wüstenrot. Wüstenrot & Württembergische AG merged in January 1999.
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W&W AG owns 94.89 % of Württembergische Lebensversicherung AG. 5.11% are freefloat.
W&W AG went public in September 1999.
Registered W&W AG shares (WKN 805100) are traded on a regulated market basis in Stuttgart and Frankfurt and on an open market basis in Berlin, Düsseldorf as well as Hamburg-Hannover.
The W&W share is listed on the SDAX.
W&W shares are a non-par value shares.
To date, 93.749.720 shares have been issued. Of these, 53.886 are treasury shares of W&W AG.
Major shareholders are the Wüstenrot Holding AG with a share of 39.91% and WS Holding AG with 26.40%. The free float is more than 20%.
As part of the transition to collective deposit securities old shares have been cancelled and are therefore not available.
The Annual General Meeting of Württembergische Lebensversicherung AG will take place on 24 June 2020, the Annual General Meeting of Wüstenrot & Württembergische AG on 25 June 2020. Both AGMs will be held in the form of a virtual meeting due to the Corona pandemic.
The Management Board of W&W AG is composed of three members. The Chairman is Jürgen Albert Junker. The Supervisory Board has 16 members and is chaired by Hans Dietmar Sauer.
Current reports can be downloaded here.
W&W Group has more than 8.000 employees in Germany.
The current market capitalisation is calculated by multiplying the total number of W&W shares 93.749.720 by the current share price.
The W&W Group consists of numerous subsidiaries and other associated companies such as the Württembergische Versicherung AG, Württembergische Lebensversicherung AG, Wüstenrot Bausparkasse AG and many more. The W&W AG is the listed parent company; the W&W AG Holding.
Annual Financial Statements of the W&W Group have been prepared in compliance with International Financial Reporting Standards (IFRS) since 2005. Accounting standards are in accordance with Handelsgesetzbuch (HGB German Commercial Code) as the dividends are calculated on the basis of the German Commercial Code.