Our steady corporate growth and our dividend return combine with our high cash flow to make Software AG stock attractive to both growth and value investors.

 

Investor Relations: credibility, transparency and timeliness

Software AG continues to strengthen its contacts with investors and financial analysts by means of active investor relations work. The Company is also working to expand existing contacts. Enlarging our investor group and decreasing the volatility of Software AG stock are among our key objectives. More than 25 national and international brokerage firms monitor our stock regularly. We enhanced coverage by US-oriented brokers in particular during 2006.

 

Intensive investor communication

We continued to expand selected contacts with investors this past year with over 30 days of road shows €pe, America and Asia. We introduced Software AG at nearly 20 investor conferences and in over 300 individual discussions with institutional investors and analysts. Analysts and investors have awarded us top marks for our work (Thomson Extel Surveys Best IR in Germany: number 1 on the TecDAX; Capital IR Prize: number 2 on the TecDAX). Our commitment extends to active participation on committees of the Deutsche Investor Relations Verband (DIRK C German Investor Relations Association) and the International Investor Relations Federation (IIRF).

 

Changes in share capital

The upward trend in share price enabled employees and management to exercise their stock options in the year under review. As a consequence, the number of outstanding shares rose by 76,706 shares to 28,112,715. An additional 669,268 options have been issued through stock option plans; of these, up to 457,580 may be exercised during 2007.

 

page previous   page forward