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DE000SHA0159
Mon, 05.10.2020
Schaeffler AG
NOT FOR PUBLICATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, SOUTH AFRICA OR JAPAN
Schaeffler to refinance upcoming debt maturities
- Bond issue with total volume of EUR 1.5 billion
- Issuance proceeds to be used for refinancing of upcoming debt maturities
- Treasury management exercise results in enhan [ … ]
Tue, 15.09.2020
Schaeffler AG
Extraordinary general meeting of Schaeffler AG approves authorized capital of up to 200 million shares
- Authorized capital for up to 200 million new shares with a term of five years
- Authorization allows for capital increases with subscription rights for
existing shareholders
- Measure to strengthen the Schaeffler Group's capital base [ … ]
Wed, 09.09.2020
Schaeffler AG
Schaeffler accelerates transformation and strengthens competitiveness
- Board of Managing Directors adopts additional structural measures to further transform the Schaeffler Group and strengthen competitiveness
- Package of measures with two broad aims: (1) downsize capacity and consolidate locations and (2) strengthen competitiveness an [ … ]
Wed, 09.09.2020
Schaeffler AG
Schaeffler AG adopts additional structural measures
- Plans include net workforce reduction by 4,400 in Germany and Europe by the end of 2022, focusing mainly on twelve locations in Germany and two elsewhere in Europe
- Potential annual savings of 250-300 million euros to be 90 percent realized by 2023, transformation costs of about 700 million e [ … ]
Thu, 20.08.2020
Schaeffler AG
Extraordinary General Meeting of Schaeffler AG: Schaeffler AG Plans Creation of New Authorized Capital for up to 200 mil. New Shares
Herzogenaurach, August 20, 2020. Today, Schaeffler AG (ISIN DE000SHA0159, WKN SHA015) convenes an extraordinary general meeting for September 15, 2020 which will be held virtually in accordance with applicable COVID [ … ]
Thu, 20.08.2020
Schaeffler AG
Disclosure of inside information pursuant to Article 17 para 1 of the Regulation (EU) 596/2014 on market abuse (Market Abuse Regulation - MAR)Extraordinary General Meeting of Schaeffler AG: Schaeffler AG Plans Creation of New Authorized Capital for up to 200 mil. New SharesHerzogenaurach, August 20, 2020. Today, Schaeffler AG (ISIN DE000SHA0159, WK [ … ]
Tue, 04.08.2020
Schaeffler AG
Schaeffler generates positive operating earnings in the 1st half of 2020 despite significant decline in revenue
- Revenue for 1st half of 2020 down 21.8 percent at constant currency due to coronavirus pandemic (prior year: 0.8 percent), second quarter shows gradual recovery, Greater China growth at 3 percent in 1st half of 2020
- Operating earni [ … ]