Palfinger AG Raises EUR 100 Million through Share Placement

Palfinger AG has successfully raised EUR 100 million by placing 2,826,516 treasury shares, amounting to 7.5% of its share capital. The shares were sold at EUR 35.40 each, attracting strong interest from global institutional investors. This transaction, which was highly oversubscribed, is expected to close by July 31, 2025.

The proceeds will support Palfinger's strategic growth plans, including expanding service structures in Europe and North America, tapping into growth opportunities in Asia, and strengthening its presence in the defense sector. Additionally, the transaction significantly increases Palfinger's free float to 43.5%, potentially enhancing the stock's liquidity and position in future stock indices.