Our preferred shares – the significantly more liquid class of stock – have a free float of 100 percent. A large majority of these shares are owned by institutional investors, whose shareholdings are broadly distributed internationally.
According to notices received by the company, members of the Henkel share-pooling agreement own a majority of the ordinary shares amounting to 53.65 percent. We have received no other notices indicating that a shareholder holds more than three percent of the voting rights (notifiable ownership).
In the period up to 2007, Henkel repurchased around 7.5 million preferred shares for the senior management Stock Option Plan. As of December, 31, 2012, this treasury stock amounted to 3.7 million preferred shares.