Our Sponsors

VIPCoFCCGBroadridgeLink Market Services GmbHAHEADhermesDP DHLK+SSAPGeorgesonSuedzuckerWacker Chemie AGThomson ReutersEQS Group



Corporate Governance – portrayed in the individual cultural and legal framework, from the standpoint of equity capital.

VIPsight is a dynamic photo archive, sorted by nations and dates, by and for those interested in CG from all over the world.

VIPsight offers, every month:
transparent and independent current information / comments / facts and figures on corporate governance locally and internationally,

  • written by local CG experts,
  • selected and structured by the Club of Florence,
  • financed by its initiator VIP and other sponsors with a background of “Equity and Advisory” interests.

VIPsight International

Article Index




Brenntag is hoping that its stock will look more enticing by share split, this being the reason for the company funding its own tripling of share capital. For each share held, shareholders of the chemical distribution company will receive a further two free of charge. This will trigger a “visible” lowering of the price and could loosen the logjam. The MDAX-listed stock is currently traded at 130 Euros and up. This move should nudge Brenntag closer to being able to transit to DAX. The initiative is still to be approved by the shareholders meeting on June 17.


Münchner Rückversicherungs-Gesellschaft is actively collecting up to 13 million of its own shares for a volume of 1 thousand million Euros by latest for the shareholders meeting on 23 April 2015. At today’s pricing, this amounts to 7 million shares, or 4 percent of share capital. This new initiative is a direct continuation of the share buy-back launched a year ago. CEO Nikolaus von Bomhard points out that so far the programme has recovered stock worth some 800 million Euros, with a further 200 million Euros worth expected by the end of April, bringing this stage to conclusion. Münchner Rückversicherungs-Gesellschaft has spent 6.8 thousand million Euros since 2006 in share buy-back.