The Fraport Share

Basic Data
International Securities Identification Number (ISIN): DE 000 5777 330 3
Security identification number (WKN): 577330
Share symbol: FRA
Reuters ticker code: FRAG.DE
Bloomberg ticker code: FRA GR
Class of share: Ordinary bearer shares
Listing: Frankfurt Stock Exchange - official trading (Prime Standard)
German stock exchange index: MDAX
Sustainability indexes: FTSE4Good Index,  Ethibel Sustainability Index (ESI) Excellence Europe, Deutschland Ethik 30 Aktienindex
IPO of Fraport AG: June 11, 2001
Issue price: €35
Number of floating shares on Dec. 31, 2017: 92,391,339
Fraport AG capital stock (acc. to IFRS) on May 29, 2017: €924.7 million
Absolute share of capital stock: €10
Fiscal year ends: December 31
Total number of shares (latest update May 29, 2017) 92,468,704
Paying Agent: Deutsche Bank AG

The following diagram shows our current shareholder structure.

Shareholder Structure*
State of Hesse 31.31 %
Stadtwerke Frankfurt am Main Holding GmbH 20.32 %
Deutsche Lufthansa AG 8.44 %
Lazard Asset Management LLC 5.02 %
British Columbia Investment Management Corporation 
3.05 %
Unknown 31.86%

* The relative ownership interests were adjusted to the current total number of shares and therefore may differ from the figures given at the time of reporting or from the respective shareholders' own disclosures. Shares below 3% are classified under "Unknown".  

    2014 2015 2016 2017 2018 2019
Year-end price 48.07
58.94 56.17 91.86 62.46 75.78
Highest price 57.77 62.30 58.94 91.86 96.94 78.68
Lowest price 47.19 48.04 45.25 55.26 61.56 61.44
Annual performance % -11.7 +22.7 -4.7 +63,5 -32.0 +21.3
Earnings per share (basic) 2.54 3.00 4.07 3.57 5.13 4.55
Dividend per share 1.35 1.35  1.50 1.50 2.00 2.00
Dividend yield on Dec. 31 % 2.8 2.3 2.7 1.6 3.2 2.6
Price-earnings ratio   18.9 19.6 13.8 25.7 12.2 16.7
Average trading volume per day number 100,101 151,188 173,666 173,015 160.367 128.953
Market capitalization on Dec. 31 € million 4,436 5,443 5,192 8,494 5,776 7,007
Total number of shares on Dec. 31 million 92.3
92.4 92.4 92.5 92.5 92.5
Number of floating shares on Dec. 31 million 92.3 92.3 92.4 92.4 92.4 92.4

The Annual General Meeting 2020 approved the proposal of the Supervisory Board and Executive Board to carry forward the net profits of the financial year 2019 entirely onto revenue reserves and not to cash out a dividend for the financial year 2019 (previous year: dividend of €2.00 per share).

With their knowledge and commitment, the employees of a service company decisively shape the corporate image as perceived by the customer and thus contribute to the company's success. Therefore, Fraport provides a work environment for its employees that rewards performance, offers individual development opportunities, and allows employees to share the company's profit. In this connection, the employee investment plan constitutes an important element of Fraport's performance and success-related compensation system. Under this program, employees every year have the individual option of purchasing Fraport AG shares at a reduced price instead of receiving a cash benefit. The employee investment plan is also available to employees of various majority-owned Fraport subsidiaries in Germany which have chosen to participate in the plan. The employee investment plan continues to prove very popular.

Since 2001 a total of around 1.6 million shares at a par value of €10.00 each have been issued to Fraport employees. The Employee investment plan available in the current year includes the choice between a cash bonus of €300 and Fraport shares in the amount of €360. Each employee of participating subsidiaries, also can buy shares in the total amount of up to €360 – depending on the subsidiary.

For the implementation of the 2020 employee participation program the Executive Board of Fraport AG Frankfurt Airport Services Worldwide (ISIN DE0005773303) decided to buy back own shares through the stock exchange. To fulfill all claims up to 100,000 of its own shares (this corresponds to approximately 0.108 percent of the capital stock) will be bought back.

The share buyback complies with rules and regulations set forth in Sec. 71 (1) No. 2 AktG (Aktiengesetz - German Stock Corporation Act). It serves solely to fulfil the obligations arising from the employee share capital program of Fraport AG Frankfurt Airport Services Worldwide. The total purchase price (excluding incidental costs) is up to EUR 3,000,000.

The share buyback will begin on 28 May 2020 and will be completed by 26 June 2020. It will be carried out by an independent financial service provider in accordance
with the safe harbour rules defined under Article 5 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council dated 16 April 2014, in conjunction with the provisions of the Delegated Regulation (EU) 2016/1052 of the Commission dated 8 March 2016. In particular, the financial services provider is required to execute the repurchase of shares as follows:

1. The shares are purchased at market prices in accordance with the aforementioned regulations. The shares are not purchased at a price higher than the higher of the price of the last independent trade and the highest current independent purchase bid on the trading venue where the purchase is carried out.

2. On any trading day, no more than 25 percent of the average daily volume of the shares on the trading venue on which the purchase is carried out is purchased. The average daily volume is based on the average daily volume traded during the month preceding the month, in which the publication of the share buyback program took place, that means, on the average daily trading volume in April 2020.

Share Buyback 2020
 
Period Number of Shartes Repurchased Average Price (in €) Repurchased Volume (in €) Details (Overview)
CW 22 11,000 45.0991 496,090.34  
May 28, 2020 5,500 46.07241 253,398.255  CW22
May 29, 2020 5,500 44.125833 242,692.082  CW22
         
CW 23 22,000 46.1949 1,016,287.40  
June 2, 2020 5,500 45.3021 249,161.68  CW23
June 3, 2020 5,500 45.5293 250,411.28  CW23
June 4, 2020 5,500 45.7860 251,823.06  CW23
June 5, 2020 5,500 48.1621 264,891.38  CW23
         
CW 24 15,700 48.8264 766,574.08  
June 8, 2020 5,500 50.6577 278,617.23  CW24
June 9, 2020 5,500 48.3823 266,102.77  CW24
June 10, 2020 4,700 47.2030 221,854.08  CW24
         
Total
48,700 46.7957 2,278,951.81  
Share Buyback 2019
 
Period Number of Shares Repurchased Average Price (in €) Repurchased Volume (in €) Details (Overview)
CW 23   17,000 72.6045 1,234,276.54  
June 3, 2019 3,400 70.5461 239,856.70 CW 23
June 4, 2019 3,400 71.8930 244,436.08 CW 23
June 5, 2019 3,400 73.2592 249,081.12 CW 23
June 6, 2019 3,400 73.2625 249,092.44 CW 23
June 7, 2019 3,400 74.0618 251,810.20 CW 23
 
CW 24 13,236 75.8558 1,004,027.26  
June 11, 2019 3,309 75.3930 249,475.52 CW 24
June 12, 2019 3,309 75.6927 250,467.30 CW 24
June 13, 2019 3,309 76.2886 252,439.04 CW 24
June 14, 2019 3,309 76.0488 251,645.40 CW 24
 
Total 30,236 74.0278 2,238,303.80  
Share Buyback 2018
         
Period Number of Shares Repurchased Average Price (in €) Repurchased Volume (in €) Details (Overview)
CW 22 7,998 80.4203 643,201.76  
May 30, 2018 2,666 79.7843 212,705.00 CW 22
May 31, 2018 2,666 81.4047 217,024.80 CW 22
June 1, 2018 2,666 80.0720 213,471.96 CW 22
 
CW 23 13,335 80.5823 213,471.96  
June 4, 2018 2,667 80.1652 213,800.72 CW 23
June 5, 2018 2,667 80.7066 215,244.54 CW 23
June 6, 2018 2,667 80.7360 215,323.04 CW 23
June 7, 2018 2,667 81.3623 216,993.34 CW 23
June 8, 2018 2,667 79.9414 213,203.60 CW 23
 
CW 24 4,067 79.5955 323,607.80  
June 11, 2018 2,667 79.5110 212,055.080 CW 24
June 12, 2018 1,400 79.6800 111,552.00 CW 24
 
Total 25,400 80.3364 2,041,374.80