Volkswagen shareholder Porsche SE says looking to diversify investments [Yahoo! Finance Canada]
PORSCHE AUTOMBL UNSP/ADR (POAHY)
NASDAQ:AMEX Investor Relations:
porsche-se.com/en/investor-relations
Company Research
Source: Yahoo! Finance Canada
"We are continuously screening promising investment opportunities, in both the portfolio segment as well as for potential new core investments," Lutz Meschke, board of management member responsible for investment management and former CFO of Porsche AG, said. "We also have the financial capacity to make larger investments." The holding company, which is controlled by the Porsche and Piech families, said that the programmes underway at Volkswagen and Porsche to cut costs had significant potential to boost profitability but that the companies needed to focus on "rigorous implementation." German tabloid Bild reported earlier in March that the Porsche and Piech families which jointly control Porsche SE were considering divesting shares in Volkswagen to free up capital for other investments. Porsche SE at the time said there were no concrete considerations to do so. ($1 = 0.9273 euros) (Reporting by Victoria Waldersee, Editing by Rachel More) Recommended Stories
Show less
Read more
Impact Snapshot
Event Time:
POAHY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
POAHY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
POAHY alerts
High impacting PORSCHE AUTOMBL UNSP/ADR news events
Weekly update
A roundup of the hottest topics
POAHY
News
- Porsche Automobil Holding: Yield Has Been Good, Returns Less So [Seeking Alpha]Seeking Alpha
- Dieselgate: The Volkswagen Emissions Scandal Explained [Yahoo! Finance]Yahoo! Finance
- Gordon Murray Automotive Receives $120 Million Injection of Capital for Future Bespoke Supercars [Yahoo! Finance]Yahoo! Finance
- Porsche To Ferrari: The EVs Drawing The Most Attention Ahead Of 2026 [zero hedge]zero hedge
- How Auction Site Pcarmarket Aims To Be The One-Stop Shop For Porsches [Forbes]Forbes