Allianz has approximately 439,000 shareholders and, as such, is one of the biggest publicly held corporations in Europe. As before, 100% of our shares are held in free float. Investors in Germany hold 47% of our stock. 53% of the capital stock is in the hands of shareholders from outside Germany, 5% points more than in the previous year. The proportion of Allianz shares held by institutional investors rose from 86 to 89%, with private investors holding 11% of our capital stock. For up-to-date information on our shareholder structure, visit www.allianz.com/investor-relations.
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