Shares in Grundfos
With 87.9 % of the shares, the Poul Due Jensen Foundation is the majority shareholder in Grundfos. The Grundfos employees own 3.3 % and the Founder's descendants own 8.8 %.
At the end of 2024, there were 10,030 Grundfos shareholders in total, an increase of 7.5 per cent on the year before. The Foundation would like to see Grundfos employees own more of the shares in the future, so it is very satisfying to see that employee share programmes continue to be well received by employees.
“The Poul Due Jensen Foundation is obliged and expected to buy back shares owned by other Grundfos shareholders if they wish to sell their shares.“
Buy-back obligation and capital resource management
The Foundation is obliged to buy back shares from other shareholders if they wish to sell them or if they pass away. The funds required for these obligations are estimated as DKK 7.9 billion in total. Most of these funds are kept available at short notice through the Foundation’s capital management portfolio.
At the end of 2024, the Foundation owns securities and cash at bank worth approximately DKK 10 billion.