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===Stock market listings=== Volkswagen AG shares are primarily traded on the [[Frankfurt Stock Exchange]],<ref name=VWAG-share-info>{{cite web|title=Volkswagen Group – Share Fact Sheet|url=http://www.volkswagenag.com/vwag/vwcorp/content/en/investor_relations/share/share_fact_sheet.html|publisher=Volkswagen AG|work=VolkswagenAG.com|access-date=22 December 2009|url-status=dead|archive-url=https://web.archive.org/web/20110111224631/http://www.volkswagenag.com/vwag/vwcorp/content/en/investor_relations/share/share_fact_sheet.html|archive-date=11 January 2011}}</ref> and are listed under the 'VOW' and 'VOW3' [[ticker symbol|stock ticker symbols]]. First listed in August 1961, the shares were issued at a price of [[Deutsche Mark|DM]] 350 per DM 100 share,<ref name=VWAG-share-info/> Volkswagen AG shares are now separated into two different types or classes: '[[common stock|ordinary shares]]' and '[[preferred stock|preference shares]]'.<ref name=VWAG-share-info/> The ordinary shares are now traded under the [[wertpapierkennummer|WKN]] 766400 and ISIN DE0007664005 listings, and the preference shares under the WKN 766403 and ISIN DE0007664039 listings.<ref name=VWAG-share-info/> Volkswagen AG shares are also listed and traded on other major domestic and worldwide [[stock exchange]]s. In Germany's domestic exchanges, since 1961 these include those in [[Berliner Börse|Berlin]], [[Börse Düsseldorf|Düsseldorf]], Hamburg, [[Börse Hannover|Hanover]], [[Börse München|Munich]] and [[Börse Stuttgart|Stuttgart]]. International exchanges include those in [[Basel Stock Exchange|Basel]] (listed in 1967), [[Geneva Stock Exchange|Geneva]] (1967), [[SIX Swiss Exchange|Zürich]] (1967), [[Luxembourg Stock Exchange|Luxembourg]] (1979), London (1988), and [[New York Stock Exchange|New York]] (1988).<ref name=VWAG-share-info/> Since the start of trading in 1961, Volkswagen AG shares have been subjected to two [[stock split]]s – the first was on 17 March 1969 when they were split at a ratio of 2:1, from a DM 100 share to a DM 50 share. The second split occurred on 6 July 1998, the DM 50 share being converted into a share of no overall nominal value, at a ratio of 1:10.<ref name=VWAG-share-info/> From 23 December 2009, Volkswagen AG preferred shares replaced its ordinary shares in the [[DAX]] index.<ref name=VWAG-share-DAX>{{cite web|title=Volkswagen preferred shares replace ordinary shares in DAX|url=http://www.volkswagenag.com/vwag/vwcorp/info_center/en/news/2009/12/dax.html|publisher=Volkswagen AG|work=VolkswagenAG.com|date=18 December 2009|access-date=27 December 2009|url-status=dead|archive-url=https://web.archive.org/web/20110720053753/http://www.volkswagenag.com/vwag/vwcorp/info_center/en/news/2009/12/dax.html|archive-date=20 July 2011}}</ref>
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