Covestro sets share placement price: what it means for Covestro stock

Published on 10/13/2026 at 00:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Covestro announced a EUR 450 million capital increase on October 9, 2026. Covestro stock last stood at EUR 60.40 on October 12, 2026.

Key points in brief

Covestro set a share placement price on October 13, 2026 during a capital increase linked to its financing structure.
The capital increase was announced at EUR 450 million, while preliminary third-quarter EBITDA was EUR 456 million.
Covestro's last Xetra price was EUR 60.40 on October 12, 2026, against a 52-week range of EUR 54.10 to EUR 61.70.
Historical fiscal 2025 revenue fell 8.70 percent to EUR 12.9 billion and EBITDA declined 30.90 percent to EUR 740.0 million.

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Covestro (ISIN DE0006062144) set the placement price for new shares on October 13, 2026, following a EUR 450 million capital increase announced on October 9, 2026, according to Eulerpool. The last Xetra price was EUR 60.40 on October 12, 2026, leaving the stock close to its 52-week high of EUR 61.70.

Three milestones shape the story

Covestro's recent chronology shows a company balancing operational recovery with a changing ownership and financing structure. On February 26, 2026, Covestro reported fiscal 2025 revenue of EUR 12.9 billion, down 8.70 percent, and EBITDA of EUR 740.0 million, down 30.90 percent, according to Covestro.

On October 8, 2026, preliminary third-quarter EBITDA reached EUR 456.0 million, while the October 13, 2026 placement-price determination followed the EUR 450 million share issue, according to Eulerpool. The two October figures point to a capital-market transaction unfolding alongside a materially stronger quarterly earnings signal than the fiscal 2025 baseline.

What does the capital raise change?

The EUR 450 million issue gives Covestro additional equity capacity as its ownership structure continues to evolve. For investors, the key comparison is between the current financing event and the historical earnings base: fiscal 2025 free operating cash flow was negative EUR 283.0 million, while the company had already realized EUR 275.0 million in savings through its STRONG program by the end of that year, according to Covestro.

Dates and market position

The capital increase was announced on October 9, 2026, the preliminary third-quarter EBITDA figure was dated October 8, 2026, and the placement-price determination was dated October 13, 2026. These dates place the financing action directly beside the latest operating update rather than treating the transaction as a standalone balance-sheet measure.

Covestro's last Xetra price of EUR 60.40 on October 12, 2026 stood EUR 1.30 below the 52-week high of EUR 61.70 and EUR 6.30 above the 52-week low of EUR 54.10. The further course of trading is shown by the continuously updated real-time quote of Covestro stock.