Vonovia SE
XETRA:VNA
VNA's latest stock split occurred on Nov 24, 2021
The company executed a 1183-for-1109 stock split, meaning that for every 1109 shares held, investors received 1183 new shares.
Before the split, VNA traded at 49.4222 per share. Afterward, the share price was about 45.8364.
The adjusted shares began trading on Nov 24, 2021. This was VNA's 3rd stock split, following the previous one in Jun 14, 2017.
SBC
6640
Vonovia SE
Glance View
Vonovia SE stands as a significant player in the European residential real estate market. Its roots trace back to Germany, where it has become a dominant force in managing and developing residential properties. The company operates primarily through a portfolio-based approach, maintaining a vast number of apartments that it rents to residents across Germany and other European countries. Vonovia's core business model revolves around the acquisition, management, and enhancement of residential properties. By focusing on maintaining and upgrading its existing properties, the company ensures that homes meet modern living standards, which in turn supports tenant satisfaction and retention. Beyond property management, Vonovia expands its revenue streams through strategic development and modernization projects. By investing in new constructions and sustainable refurbishments, it not only increases its housing stock but also enhances the value of its assets. Vonovia also engages in supplemental services such as property sales, energy services, and technical maintenance, which complement its rental income. This diversified approach allows the company to stabilize its revenue even in the face of changing market conditions. Thus, Vonovia’s comprehensive strategy of owning, developing, and managing residential spaces underpins its continued growth and relevance in the competitive real estate sector.
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