# Siemens CEO watching the share price of Siemens Energy – CEO
Published: 2021-11-11
Category: Uncategorized
Category URL: https://tradingherald.com/category/uncategorized/
Meta Title: Siemens Eyes Sale of 35.1% Stake in Siemens Energy After
Meta Description: Siemens CEO Roland Busch shares insights on potential stake sale, optimistic on U.S. stimulus package benefits, after solid Q4 earnings report.
URL: https://tradingherald.com/siemens-ceo-watching-the-share-price-of-siemens-energy-ceo/

ZURICH (Reuters) – Siemens continues to monitor the stock price of Siemens Energy, the power generation business it spun off last year, before it decides when to sell its 35.1% stake, Chief Executive Roland Busch said on Thursday.

“We are looking at the stock price, which is heading in the right direction,” Busch told reporters. “We won’t sell below book value.”

Siemens was also “very optimistic” it would benefit from the upcoming U.S. infrastructure stimulus package, Busch added, after the company reported its fourth quarter earnings.

(Reporting by John Revill, editing by Kirsti Knolle)


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