Armin Papperger has not failed in tradition. It was exactly 9 a.m. on Monday March 20 when the chairman of the board of directors of Rheinmetall raised the bell and rang his company’s entry into the very closed club of 40 members listed on the Dax, the Stock Exchange’s flagship index. from Frankfurt. In front of him, on the floor of the stock exchange, an audience of journalists and traders came to greet a historic moment for the first manufacturer of weapons in Germany whose market value is estimated at 10.3 billion euros. At the opening, the RHM share was sold at 238.80 euros.
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