Editing Porsche (section)

=== Initial public offering ===
In February 2022, Volkswagen AG had announced that it would examine the feasibility of a possible [[Initial public offering|IPO]] of Porsche AG.<ref name=":0">{{Cite web |title=Board of Management and Supervisory Board aim for an IPO of Dr. Ing. h.c. F. Porsche AG and decide on the next step with the "intention to float" |url=https://www.volkswagenag.com/en/news/2022/09/Ad_Hoc_Porsche_IPO_ITF.html |access-date=19 September 2022 |website=www.volkswagenag.com|date=5 September 2022 }}</ref> The [[share capital]] of Porsche AG has been divided into 50% [[Non-voting stock|non-voting]] [[Preferred stock|preference shares]] and 50% ordinary shares.<ref name=":0" /><ref name=":1">{{Cite news |date=17 September 2022 |title=Factbox: The structure of the planned Porsche IPO |language=en |work=Reuters |url=https://www.reuters.com/business/autos-transportation/structure-planned-porsche-ipo-2022-09-17/ |access-date=19 September 2022}}</ref> Volkswagen AG will retain 75% of ordinary shares, while [[Porsche SE]] will acquire 25% of ordinary shares. Volkswagen AG will also retain 75% of preference shares, while 25% of preference shares (12.5% of share capital) will be sold during IPO,<ref name=":0" /> while [[Qatar Investment Authority]] has already committed to buy 4.99% of preference shares, leaving another 20.01% (10% of share capital), to other investors.<ref name=":1" /> As part of the preliminary offering, 113,875 thousand shares were sold at the upper limit of the price range - 82.5 euros. Thus, the value of the company was estimated at 75 billion euros. In the first hours of trading on the [[Frankfurt Stock Exchange]] on 29 September, the share price rose to 84 euros.<ref>{{Cite web|url=https://www.reuters.com/markets/europe/porsche-debut-amid-market-tumult-historic-ipo-2022-09-28/|title=Porsche races higher after landmark $72 bln listing|date=29 September 2022|website=reuters.com}}</ref>