TKH’s (depositary receipts of) shares have been listed on the Euronext Amsterdam stock exchange since 1953, under the ticker symbol TWEKA and are included in the mid-cap index (AMX). Options on TKH shares are listed on NYSE Liffe, the European derivatives business of Euronext (ticker symbol: TKG). In addition, TKH shares are also included in the Next 150 Index, established by Euronext. In 2022, TKH joined the Euronext Tech Leaders segment, launched by Euronext in June 2022, which is Euronext’s initiative to increase the visibility and appeal of high-growth and leading technology companies to international investors. Euronext Tech Leaders consists of more than 100 high-growth and leading companies listed on Euronext markets.


TKH aims for an attractive return for its shareholders, which is reflected in an appropriate dividend policy. Healthy balance sheet ratios are very important for the company’s continuity. In determining the distributable dividend, TKH takes into account the amount of profit the company needs to retain to carry out its medium- to long-term plans, while also ensuring a solvency ratio of at least 35%. Based on growth targets for the coming years, TKH will aim to pay out between 40% and 70% of the net profit before amortization and one-off income and expenses attributable to shareholders.



In the context of disclosure of controlling and equity interests the Dutch Authority for the Financial Markets (AFM) has published the following statement of the reported interests in TKH:


Disclosure of ownership and equity interests > 3%
Mandatory Disclosing Party Current interest Date of last disclosure
TKH Group NV 3.00% 21-04-2023
Janus Henderson Group plc 3.03% 23-06-2022
AllianceBernstein L.P. 3.03% 20-01-2022
Vinke Amsterdam B.V. 5.84% 28-05-2020
Lucerne Capital Management, LLC 5.62% 20-08-2019
Teslin Participaties Coöperatief U.A. 5.01% 06-07-2017
Kempen Oranje Participaties NV 3.77% 04-04-2011
ASR Nederland NV 5.11% 06-10-2008

Analyst coverage

These analysts follow TKH:

Broker Analyst Target price Publication date
ABN AMRO - ODDO Martijn den Drijver € 49.00 September 2023
Berenberg Trion Reid € 54.00 August 2023
Degroof Petercam Michael Roeg € 55.00 September 2023
ING Tijs Hollestelle € 58.50 August 2023
KBC Securities Thibault Leneeuw € 62.20 September 2023
Kempen € 68.00 November 2022
Kepler Ruben Devos € 56.00 August 2023
The IDEA! Maarten Verbeek € 61.55 November 2021

TKH Group NV (´TKH´) is followed by the analysts at these brokerage firms. The list may not be complete and is subject to change. Please note that any opinions, estimates or forecasts regarding TKH's performance made by the analysts at these brokerage firms are theirs alone and do not represent opinions, forecasts or predictions of TKH or its management. TKH does not by its reference above or distribution imply, and expressly disclaims, any endorsement of or concurrence with any information, estimates, forecasts, opinions, conclusions or recommendations provided by these analysts.

Share price

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