In October 2013, Allianz issues 550,000 new shares in the context of its employee share purchase programs, thereby increasing the number of issued shares to 456,500,000. Worldwide, some 92,000 employees in 22 countries were eligible to apply for the new shares of stock.
The new shares are issued without shareholder’s subscription rights out of authorized capital. Allianz SE shares are registered shares and traded in Frankfurt and regional German stock markets. In the US, American Depository Shares (ADS) of Allianz are traded over the counter on the OTCQX, the premium tier of the American OTC market.