The par value of ordinary shares of Kardan N.V. is € 0.20. The ordinary shares of Kardan N.V. are listed on Euronext Amsterdam since July 10, 2003, with the trading symbol 'KARD'. Kardan is also listed on the Tel Aviv Stock Exchange, with the symbol 'KRNV'. The ISIN code of Kardan N.V. is NL000011365.2 and the Dutch security code (fondscode) is 'KARD'.
Distribution of shares
As of December 31, 2016 a total of 123,022,256 ordinary shares have been issued and are outstanding.
Key financials per share
|€ per share||2016||2015||2014|
|Basic earnings (loss)||(0.26)||(0.20)||0.05|
|Diluted earnings (loss)||(0.26)||(0.20)||0.05|
|Equity attributable to equity holders||0.30||0.58||0.83|
|Share prices in 2016
|Highest share price||0.185||78.00|
|Lowest share price||0.115||51.50|
* in 0.01 NIS
The dividend policy will take into consideration the level of net income, liquidity and the capital position, future financing requirements, and financial covenants of Kardan, all within the limitations of the law. If circumstances allow, the dividend policy recommends an annual distribution of between 20% to 30% of net income. Dividend pay-out may vary from year to year.
Kardan reported a net loss of € 31.3 million over 2016. Given Kardan’s financial liabilities and commitments towards its Debenture Holders, no dividend will be distributed over 2016.