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DE000SHA0159
Tue, 01.10.2024
Schaeffler AG
Merger of Vitesco Technologies Group AG into Schaeffler AG successfully completed
Merger of Vitesco Technologies Group AG into Schaeffler AG and conversion of non-voting common shares into common shares with full voting rights completed
Vitesco shares exchanged for new Schaeffler common shares with full voting rights at a ratio of 1:11 [ … ]
Fri, 27.09.2024
Schaeffler AG
Announcement on the suspension and resumption of trading in Schaeffler shares
Herzogenaurach, Germany | September 27, 2024 | Schaeffler AG (Common shares: ISIN DE000SHA0019 / WKN: SHA001) expects the merger of Vitesco Technologies Group AG (ISIN: DE000VTSC017 / WKN: VTSC01) with Schaeffler AG by means of merger by absorption in exc [ … ]
Fri, 27.09.2024
Schaeffler AG
Changes in the Executive Board of Schaeffler AG
Thomas Stierle from Vitesco Technologies to head new E-Mobility division
Dr. Jochen Schröder to assume the role of Regional CEO Europe
Christophe Hannequin to succeed Claus Bauer as CFO next year
Herzogenaurach | September 27, 2024 | In its meeting yesterday, the Supervisory Board of Sch [ … ]
Tue, 06.08.2024
Schaeffler AG
Schaeffler grows in challenging market environment
Schaeffler Group increases revenue for the first six months by 2.0 percent at constant currency to 8,276 million euros (prior year: 8,208 million euros)
EBIT margin before special items declines to 6.3 percent (prior year: 7.6 percent)
Automotive Technologies generates double-digit growth at E [ … ]
Mon, 03.06.2024
Schaeffler AG
Schaeffler appoints new Head of Investor Relations
Vitesco Technologies’ Heiko Eber appointed as Head of Investor Relations (IR) at Schaeffler
Renata Casaro to lead newly created Global Risk & Macroeconomic Analysis unit
Head of IR to report to Schaeffler CFO, Head of Global Risk & Macroeconomic Analysis to report to CEO
Herzogenaurach [ … ]
Tue, 07.05.2024
Schaeffler AG
Schaeffler off to a good start in 2024
Revenue of 4.1 billion euros at constant-currency and EBIT margin before special items of 7.9 percent at prior-year level
Free cash flow before cash in- and outflows for M&A activities at
-166 million euros due to seasonal factors (prior year: -73 million euros)
Automotive Technologies reports growth [ … ]
Thu, 25.04.2024
Schaeffler AG
Annual General Meeting of Schaeffler approves merger of Vitesco Technologies Group Aktiengesellschaft into Schaeffler AG
Approval of the merger by the Annual General Meeting, completion of the merger still expected in the fourth quarter of 2024
Preparations for the integration of Vitesco proceeding according to plan
Annual General Meeting appr [ … ]
Mon, 22.04.2024
Schaeffler AG
Artificial intelligence: Schaeffler and Siemens intensify collaboration
Schaeffler and Siemens sign memorandum of understanding (MoU) in the field of artificial intelligence in production
Memorandum of understanding focuses on joint development of digital solutions for the shop floor and AI applications in the industrial sector
Innovative AI a [ … ]
Fri, 22.03.2024
Schaeffler AG
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Schaeffler AG successfully places a bond in the amount of 850 million euros
Herzogenaurach, Germany | March 22, 2024 | Yesterday, Schaeffler AG successfully placed a corporate bond with a volume of 850 million euros with intern [ … ]
Wed, 13.03.2024
Schaeffler AG
Schaeffler and Vitesco enter into merger agreement
Merger agreement signed following approval by the respective Supervisory Boards
Exchange ratio of 11.4 Schaeffler shares per Vitesco share confirmed
Completion of the merger is still expected in the fourth quarter of 2024 following the approval of the respective Annual General Meetings
Herzoge [ … ]