For shareholders of the Vienna Insurance Group as well, the 2010 stock market year was quite gratifying. The overall value of the share rose by approximately 8%.
After a strong price increase at the beginning of the year due to the excellent profits, the share value experienced a downturn in line with the international trend, bringing the share to its low for the year of EUR 30.84, on 25 May 2010.
Investors’ steadily returning confidence in a rapid and lasting recovery of CEE national economies, a positive stock market environment and a solid trend in profits helped the share hit its high for the year, EUR 40.97, on 11 October 2010. The share accordingly saw an increase in value of approximately 33% within five months. The share then moved sideways with a slightly negative bias, closing out the year at EUR 38.90.
Vienna Insurance Group (VIG) compared to the ATX and MSCI insurance index (in EUR)
January 2010 to February 201
Overview of the VIG share |
Initial listing (Vienna) |
17 October 1994 |
Initial listing (Prague) |
5 February 2008 |
Number of common shares |
128 million |
Free float |
approx. 30% |
ISIN |
AT0000908504 |
Securities symbol |
VIG |
Bloomberg |
VIG AV / VIG CP |
Reuters |
VIGR.VI / VIGR.PR |
Rating – Standard & Poor’s |
A+, stable outlook | |
Key share information for 2010 |
|
|
|
High |
EUR |
40.97 |
Low |
EUR |
30.84 |
Year-end price |
EUR |
38.90 |
Market capitalisation |
EUR |
4.98 billion |
Proposed dividend 2010 |
EUR |
1.00 |
Average daily stock exchange trading volume* |
EUR |
4.5 million |
Annual performance 2010 |
|
+8.1% | |