Glossary

Peoples share

In Germany, a stock resulting from the privatisation of part of a state-owned company that is offered to broad segments of the population at a favorable price

The peoles share is not a category of shares. A share is issued as a peoples share to support certain economic and financial policy goals, i.e. to enable lower-income segments of the population to invest in stocks. They are often issued at a price below market on the condition that the buyer hold them for a certain period of time.

The IPO (Initial Public Offering) of Deutsche Telekom is the most recent example of a German peoples share.

Other examples include Volkswagen, VEBA and Preussag.

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