In the reporting year, the Managing Board of Lenzing Aktiengesellschaft decided, with the approval of the Supervisory Board, to carry out a fully guaranteed cash capital increase with subscription rights for existing shareholders. As of July 10, 2023, this led to the issuance of 12,068,180 new no-par-value bearer shares with dividend entitlement from January 1, 2023 onwards. The related issuance of subscription rights has led to a technical adjustment of the share price of Lenzing AG, as the shares were traded “ex subscription right” as of June 19, 2023.
The Lenzing share started the 2023 trading year at a price of EUR 48.38 (opening price on January 2, 2023, taking into account the technical adjustment in connection with the capital increase) and reached its high for the year of EUR 67.37 on March 8, 2023. The low for the year of EUR 33.10 was recorded on December 11. At the end of the reporting year, the Lenzing share was trading at a level of EUR 35.55. This corresponds to a decrease in the share price of 26.5 percent compared with the start of the year. Vienna’s benchmark ATX index ended the year 9.9 percent up compared with the start of the year. No dividend was distributed in the reporting year for the 2022 financial year.