Corporate News
Evonik Industries Stock Performance
- Price: €21.26 (last traded price).
- Daily Change: Down 0.19 % during the 24‑hour period ending 09:34 PM Central Europe on Friday 23 Nov 2026.
- Volume: €10.9 million traded in the last 24 hours.
- Shares Outstanding: 466 million.
- Market Capitalisation: €10.6 billion.
- 52‑Week Range: Highest €21.84 (14 Oct 2026); lowest €12.49 (21 Jan 2026).
- Moving Average: 200‑day SMA at €16.74.
- Month‑to‑Date Performance: Up 16.24 % since the end of the previous month.
Recent Corporate Developments
Evonik Industries AG is under scrutiny due to speculation about potential acquisitions in the European specialty‑chemicals market.
- Reports indicate that the company has been evaluating a takeover of the U.S. firm Ashland for several months.
- BASF has expressed interest in a possible bid for Evonik, prompting Evonik to clarify that it has no immediate plans to negotiate a sale.
- The company stated that any future discussions would require a value‑creating outcome.
- Evonik has confirmed its commitment to preserve existing employment through 2032, following a statement from BASF’s CEO.
- Investment banks have been engaged to explore potential targets, but the company remains cautious and has not commented in detail on the rumors.
- Market reaction has been mixed, with shares showing volatility in response to the acquisition chatter.
Performance of Related Stocks (Last 24 Hours)
| Company | Ticker | Price | % Change | Market Capitalisation | P/E Ratio | Key Notes |
|---|---|---|---|---|---|---|
| Thyssen‑Krupp | TKA.DE | €13.60 | +2.63 % | €9.6 bn | 30.88 | Shares up modestly; foreign asset‑management firm holds ~3 % stake. |
| Aurubis | NDA.DE | €130.70 | –1.40 % | €6.9 bn | 6.16 | Stock slipped; concerns over ramp‑up of Richmond facility; Deutsche Bank lowered 2026/27 earnings forecasts. |
| GEa | G1A.DE | €68.55 | +0.29 % | €12.2 bn | 25.78 | Shares slightly higher. |
| Deutsche Lufthansa | LHA.DE | €6.97 | –0.16 % | €9.5 bn | 12.70 | Shares down slightly; ongoing labour negotiations and new employer‑marketing campaign. |
Company Profile
Evonik Industries AG is headquartered in Essen, Germany, and specialises in the production of specialty chemicals for consumer goods, animal nutrition, and pharmaceuticals. The company is listed on the Xetra stock exchange. Its website is www.evonik.com .
