|
Dependence on the development of international financial markets
Apart from company-related occurrences, development of the share price is to a considerable extent dependent on the price fluctuations on major international
financial markets. Possible price variations and high volatility on the major stock markets might adversely affect the price of Andritz shares. Recommendations
by research analysts
As a publicly listed company, Andritz is regularly covered by financial analysts. Analysts’ selling or buying recommendations may lead to considerable price fluctuations for Andritz shares. The
Andritz Group endeavors to obviate unfounded price fluctuations by pursuing its open and transparent information policy. Active trading market for
Andritz shares
The Secondary Public Offering of Andritz shares in June 2003 led to an increase of the public free float from 16% to about 62% of the Company’s total outstanding shares. As a result of the Offering, active
trading in Andritz shares on the Vienna Stock Exchange has increased. However, there is no assurance that active trading will be maintained in the future. If active trading is not maintained, the liquidity and the market price would be adversely
affected, and investors might be unable to sell their shares at an acceptable price. It could also result in removal of Andritz’s membership from the ATX.
|
Help 
