Jost Werke shares dip in early Frankfurt trade after shareholder exits capital

Jost Werke SE

09/12/2025 07:48

** Shares in Jost Werke JST.DE fall 4.8% in early Frankfurt trade after a shareholder's exit from its capital

** Peter Moehrle Holding sells its remaining 10.1% stake by a private placement of 1.5 million shares at 48.50 euros each, i.e. a discount of 4.7% to Monday's closing price of 50.90 euros

** The holding already halved its stake in September, in a "portfolio rebalancing" effort, its spokesperson said at the time

** Warburg Research flags the stake sale but continues to find the stock "attractive"

** It points to the company's efficient management of the recent weaker market conditions and its "favourable position" for the impending recovery

(Reporting by Emanuele Berro)

((emanuele.berro@thomsonreuters.com))