W&W sought Scale move. W&W stock sat 21.66 percent below its high

Published on 10/08/2026 at 13:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

W&W stock costs EUR 13.13 on October 8, 2026 after EUR 13.20, down 0.53 percent. Montega sees EUR 20.00.

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W&W sought a move into the Scale segment, while W&W stock sat 21.66 percent below its 52-week high of EUR 16.76 on October 8, 2026. According to EQS News on September 17, 2026, Wüstenrot & Württembergische AG resolved to apply for delisting from the regulated market and inclusion in the Scale segment, with the change expected to take effect on October 6, 2026.

Scale move changes the capital structure

The planned move reduces regulatory and administrative requirements, according to EQS News in the September 17, 2026 announcement. The same release says the board intends to propose a dividend of EUR 0.75 per share from 2027, up EUR 0.10 from EUR 0.65.

That proposal is conditional on business performance and still requires approval at the Annual General Meeting. The change also means W&W leaves the SDAX, a point highlighted in EQS News in Montega AG's research dated September 21, 2026.

Montega sets a EUR 20.00 target

Montega kept its Buy rating and a EUR 20.00 12-month price target in the September 21, 2026 research note. That target lies 52.32 percent above the Lang & Schwarz price of EUR 13.13, giving the analyst view a materially different valuation frame from the current quote.

W&W's latest reported period is the first half of 2026, published on August 14, 2026. The company also published its annual financial report for fiscal year 2025 on March 27, 2026, and its first-quarter report on May 13, 2026, according to the report chronology on EQS News.

What dates come next?

The next listed event is the quarterly statement for the period ending September 30, 2026, scheduled for November 12, 2026. The LBBW German Company Day follows on November 18, 2026, according to W&W's investor-relations calendar.

Stock remains below its yearly high

At 1:30 p.m. CEST on October 8, 2026, the intraday Lang & Schwarz quote was EUR 13.13, down 0.53 percent versus the Xetra close of EUR 13.20 on October 7, 2026. The 52-week range was EUR 13.06 to EUR 16.76, and market capitalization was EUR 1.2 billion as of October 8, 2026. The further course of trading is shown by the continuously updated real-time quote of W&W stock.