Chrysler 1999 Annual Report Download - page 16

Stockholders
FIAT and its
Ordinary shares
Stockholder base at
December 31, 1999
The shares of Fiat S.p.A. are traded on the
Borsa Italiana S.p.A., Paris Bourse S.A.,
Frankfurter Wertpapier Börse and other
smaller German stock exchanges. The ADRs
issued through JP Morgan are traded on
the New York Stock Exchange.
The shares of Fiat S.p.A. are also
actively traded on the London SEAQ.
The Group pursues a policy of open
communications with individual and
institutional investors. In the course
of the year, its investor relations
program includes, in addition to the
presentations organized after the
publishing of the Annual Report and
the Report on Operations in the First
Half of the Year, several seminars,
which furnish a more in-depth
understanding of the activities and
financial performances of the
principal Sectors of the Group, and
numerous meetings and roadshows
which permit more direct contacts
with the Group’s top management.
For holders of Fiat shares:
Toll-free telephone number in Italy:
800-804027
Website:
www.fiatgroup.com
E-mail addresses:
investor[email protected]
[email protected]
For holders of ADRs:
Toll-free telephone number in the United
States or Canada:
1-800-997-8970
Website:
www.adr.com
Financial communications
Changes to the Capital Stock in 1999
On August 23, 1999, Fiat’s shares were redenominated in euros,
rounding down their par value from 1,000 lire to 0.50 euros.
At the same time, the Company declared a reverse stock split
on the basis of one new ordinary, preference or savings share,
par value five euros, for every 10 old shares.
As a result, the Fiat ADRs traded on the NYSE, which represented
five shares, underwent a reverse split on the basis of one new ADR
for every two ADRs outstanding. Consequently, one Fiat ADR is
now equivalent to one Fiat share.
39% Other stockholders
9% Italian institutional investors
12% International
institutional investors
2% Compagnia di San Paolo
3% Generali Group
2% Deutsche Bank Group
30% IFI-IFIL
Maximum and minimum monthly price in euros
Fiat ordinary shares Fiat preference shares Fiat savings shares
Stock Market Capitalization
1997 1998 1999
at December 31
(in millions of euros)
0
3,000
1997 1998 1999
Cash flow per share 7,690 5,928 5,234
Earnings per share 2,313 1,109 0,618
Dividend per share (*)
ordinary and
preference shares 0,620 0,620 0,620
savings shares 0,775 0,775 0,775
Stokholders’ equity
per share at 31.12 24,261 23,883 23,464
Price per share at 31.12
ordinary shares 24,170 29,159 30,090
preference shares 12,752 16,268 14,606
savings shares 13,719 16,847 14,653
(*) Reflects the distribution of earnings attributable to the respective year.
Highlights per Share
in euros
NOTE: The holdings of Italian and international institutional investors have
been estimated on the basis of surveys commissioned by the Company.
14 Fiat and its Stockholders 15
Average monthly trading volume
Ordinary Preference Savings
(in millions of shares)
3% Mediobanca
6,000
9,000
12,000
367,399,890
Preference shares 103,292,310
International institutional investors 26%
Italian institutional investors 8%
Other stockholders 66%
Savings shares 79,912,800
International institutional investors 4%
Italian institutional investors 12%
Other stockholders 84%
NOTE: Price and trading volume data for the period prior to August 23,
1999 have been adjusted to reflect the reverse stock split (1/10)
carried out on that date.
20.000
22.000
24.000
26.000
28.000
30.000
32.000
34.000
36.000
Jan-99 Feb-99 Mar-99 Apr-99 May-99 June-99 July-99 Aug-99 Sep-99 Oct-99 Nov-99 Dec-99 Jan-00 Feb-00 Mar-00
Jan-99 Feb-99 Mar-99 Apr-99 May-99 June-99 July-99 Aug-99 Sep-99 Oct-99 Nov-99 Dec-99 Jan-00 Feb-00 Mar-00
5.000
7.000
9.000
11.000
13.000
15.000
17.000
19.000
21.000
Jan-99 Feb-99 Mar-99 Apr-99 May-99 June-99 July-99 Aug-99 Sep-99 Oct-99 Nov-99 Dec-99 Jan-00 Feb-00 Mar-00
10.000
11.000
12.000
13.000
14.000
15.000
16.000
17.000
18.000
Jan-99 Feb-99 Mar-99 Apr-99 May-99 June-99 July-99 Aug-99 Sep-99 Oct-99 Nov-99 Dec-99 Jan-00 Feb-00 Mar-00
20
40
60
80
100
120
0