2025-10-20 10:30:10
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ThyssenKrupp Marine Systems Surges 60% in Stock Market Debut

ThyssenKrupp Marine Systems (TKMS) has successfully launched on the stock exchange, marking a significant milestone for Germany's leading naval shipbuilder. Spun off from Thyssenkrupp in August, TKMS is valued at approximately 5.3 billion euros, exceeding analysts' expectations.

The company's stock surged over 60%, reaching prices above 89 euros, while Thyssenkrupp's shares fell by 20%. TKMS specializes in non-nuclear submarines and boasts an extensive order volume of 18.5 billion euros, employing around 8,300 people.

This strategic separation underscores ThyssenKrupp's restructuring efforts and highlights the growing importance of maritime security in today's geopolitical landscape. CEO Oliver Burkhard emphasized the strong signal this move sends regarding the future of naval defense.

zeit
20. Oktober 2025 um 01:30

Arms Industry: ThyssenKrupp Marine Systems Listed on Stock Exchange

ThyssenKrupp Marine Systems (TKMS), Germany's largest shipbuilder for the navy, will be traded on the stock exchange from Monday. The division was spun off in August by Thyssenkrupp and shareholders receive a participation certificate per 20 Thyssenkrupp shares as a result. TKMS is a world market leader in non-nuclear submarines and employs around 8,300 staff.
gmx
20. Oktober 2025 um 03:02

Shipbuilder TKMS Goes Public

The marine shipbuilder TKMS is going public after its shareholders decided at an extraordinary general meeting in early August to spin off the division. With the IPO, each shareholder of Thyssenkrupp will receive one share in TKMS for every 20 shares they own. The shipyard, from which the Kiel-based traditional company HDW originated, claims to be the world market leader in non-nuclear submarines and employs around 8,300 people.
Tagesschau - Wirtschaft und Börsen-Nachrichten
20. Oktober 2025 um 08:36

Spin-off from Thyssenkrupp TKMS starts strongly on the stock market

The marine subsidiary of Thyssenkrupp, TKMS, has made a strong debut on the stock market. The company's value increased by over 60% to prices above 89 euros. The spin-off is part of Thyssenkrupp's corporate restructuring and brings 49% of the shares to the market, while 51% remain with a new holding company. TKMS is the global market leader in non-nuclear submarines and has an order volume of 18.5 billion euros.
DER SPIEGEL
20. Oktober 2025 um 08:39

Thyssenkrupp Subsidiary TKMS: Shipyard Successfully Launches on the Stock Market - DER SPIEGEL

The arms boom is bringing success to the German shipbuilding company TKMS from Thyssenkrupp in their IPO. The shares climbed to over 89 euros, while the parent company Thyssenkrupp dropped by 20 percent. TKMS was spun off as a maritime subsidiary from the struggling industrial group and is valued at around 5.3 billion euros, higher than analysts had anticipated. CEO Oliver Burkhard called the move a strong signal for maritime security.
CW

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