The Steyr Motors AG has been listed on the Vienna Stock Exchange since Monday. The start of trading in the exchange-regulated “direct market plus” segment was traditionally heralded by CEO Julian Cassutti ringing the stock exchange bell.
Already The company has been listed in the Frankfurt stock exchange segment “Scale” since the end of October 2024and now also on the Vienna Stock Exchange as part of a secondary listing.
“This significant step marks another milestone in the history of Steyr Motors AG and opens new doors for growth on a national and international level,” according to an official statement from the company.
Julian Cassutti: “The secondary listing in Vienna is a clear commitment to our Austrian roots. We are also broadening our presence on the capital market and increasing our visibility among Austrian investors.”
Cassutti continues: “As a company based in Steyr, Upper Austria, and with the B&C Group as an Austrian anchor investor, a listing on the Vienna Stock Exchange is only logical and increases our visibility among national and international investors. Direct access to the Austrian capital market will help us to ensure the sustainable further development of Steyr Motors.”
Hauck Aufhäuser Lampe Privatbank AG acts as capital market coach and market maker. The opening price was EUR 14.90, bringing the current market capitalization to EUR 77.48 million. The company develops and produces high-performance engines for special military vehicles, boats and auxiliary power units for battle tanks and locomotives.
Here for further news about Steyr Motors.
