Turnover velocity and liquidity

The turnover velocity – i.e. the number of shares traded per year, divided by the total number of shares at the end of the year – has declined to 30.44% under the influence of the economic downturn. In absolute numbers this equates to an average of 11,101 shares per day.

The good news is that the two capital increases in the first half of 2009 – the first following the DHL transaction and the second in June – have strengthened the capital by EUR 94 million, or 3.9 million new shares. The turnover velocity and liquidity of WDP shares will clearly benefit significantly from this in the future.