Volkswagen Receives Further Award for Increasing Shareholder Value

Total shareholder return also highest in Europe

Wolfsburg/Turin, 21 May 2008 - The Volkswagen Group has achieved the highest increase in shareholder value of all stock market listed companies in the European automotive industry. The auditing company PricewaterhouseCoopers (PwC) presented this year’s European Automotive Shareholder Value Award to Europe’s largest automaker in Turin on Tuesday evening. Volkswagen had already received the award for the highest increase in shareholder value in a global comparison in January.

Volkswagen has posted the highest total shareholder return over both a one-year and a three-year period. This performance is measured by the European Automotive Shareholder Value Index (SVI) which looks at the value of €100 invested in a particular stock over the relevant period and compares shareholder returns for the same period. The SVI takes into account rises and falls in a company’s share prices, dividends, share buy-backs and new share issues. Over the one-year period, the total shareholder return for Volkswagen shares grew 65 percent, while the SVI reported a 5 percent rise. For the three-year period, the total shareholder return increased by 432 percent – growing €100 into €432 – while the SVI only reported 88 percent growth.

Source: Volkswagen

Bookmark/Search this post with:

 •    •    •    •    •    •    •    •    •    •