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Investor relations

Photo: Nicky Bonne
COWI Holding A/S is the group's holding company, owned by the COWI Foundation and the employees.

The involvement of our employees in the circle of owners is an important part of COWI's strategy.

We believe that employee ownership will increase cooperation within our company and strengthen coherence between the company’s performance and the employee’s competencies and efforts. – In short, having employees in the circle of owners is an important premise for COWI’s future success.

The shares


COWI Holding A/S' share capital is DKK 283,000,000 (20,830,000 votes).
  • DKK 200,000,000 class A shares (carrying 20,000,000 votes) solely owned by the COWI Foundation.
  • DKK 71,005,500 class B shares (carrying 710,055 votes) owned by the COWI foundation, COWI employees and COWI Holding A/S.
  • DKK 11,994,500 class C shares (carrying 119,945 votes) solely owned by employee participants in previous share programmes and COWI Holding A/S. All shares in this class must be sold in the sale window after the Annual General meeting 2015 at the latest. 


The COWI Foundation holds all A shares plus some B shares, in total 80 per cent of the share capital. Employees hold 18 per cent and COWI Holding A/S holds 2 per cent of the share capital in B and C shares.

(Learn more by clicking Ownership under Want to know more?)

Share price

The price of the shares is determined by the company’s equity value – a figure derived from dividing the company's net worth by its share capital. As of 31 December 2014 this was equal to DKK 326.30 per DKK 100 nominal share.

 COWI shares vs C20 and MSCI World


LAST UPDATED: 09.03.2015