Hornbach Holding AG & Co KGaA: Erich Harsch Acquires Shares
On May 19, 2025, Hornbach Holding AG & Co KGaA, a prominent retailer of building materials and garden supplies operating across Germany, Austria, Luxembourg, the Netherlands, and the Czech Republic, announced a significant transaction involving Erich Harsch, a member of the company’s managing body. The transaction was publicly disclosed as part of the company’s commitment to transparency regarding the dealings of its executives and closely associated individuals.
Transaction Details
Erich Harsch acquired a total of 31,574.40 EUR worth of Hornbach shares at a price of 104.80 EUR per share. The transaction was divided into two parts: 25,152.00 EUR and 6,602.40 EUR, both at the same share price. This acquisition underscores Harsch’s confidence in the company’s future prospects and aligns with his role in the management team.
Company Overview
Hornbach Holding AG & Co KGaA is listed on the Xetra stock exchange and operates in the Specialty Retail sector within the Consumer Discretionary industry. As of May 15, 2025, the company’s share price closed at 105 EUR, matching its 52-week high. The company’s market capitalization stands at 1,680,000,000 EUR, with a price-to-earnings ratio of 10.41. Hornbach’s business model focuses on providing a wide range of building materials and garden supplies through its extensive network of stores.
Market Context
The transaction by Erich Harsch comes at a time when the company is performing well, with its share price at a 52-week high. The broader market context includes various economic indicators and corporate updates, such as the European Union’s consumer price index and the European Commission’s spring forecast, which may influence market sentiment.
Conclusion
The acquisition by Erich Harsch is a positive signal for Hornbach Holding AG & Co KGaA, reflecting confidence from within its management. As the company continues to expand its operations across Europe, such transactions may bolster investor confidence and support the company’s growth trajectory.