How to buy Vestas shares

The Vestas share is registered on the Nasdaq Copenhagen stock exchange only, under securities code DK0061539921, and is part of the OMX C25 index.

Stakeholders outside Denmark who wish to buy Vestas shares must contact one of the major international banks in their country for further information.

Stakeholders in Denmark may, however, also buy Vestas shares online, via internet banking or any Danish bank.

Current share price

Basic data 
Stock exchangeNasdaq Copenhagen
Stock exchange quotation1998
ISIN codeDK0061539921
Ticker symbolVWS
Share capitalDKK 201,973,452
Nominal denominationDKK 0.20
Number of shares1,009,867,260
Share classesOne share class
Voting rightsOne share carries 20 votes
Free float100 per cent free float
Trading lot (minimum)None, one share is tradable

Share price monitor

Share capital history

Since the initial public offering in 1998, Vestas' share capital has been changed a number of times latest in April 2021 where we carried out a  share split at a ratio of  1:5. After the share split, Vestas' total share capital of  nominally DKK 201,973,452  corresponds to 1,009,867,260  shares of nominally DKK 0.20.

DateActivityDenomination (DKK)Total no. of shares
28 April Share split 0.201,009,867,260
14 December 
Private placement
Nominal increase: DKK 5,049,337
06 May
Reduction of share capital
Nominal decrease: DKK 1,977,848
07 MayReduction of share capital
Nominal decrease: DKK 6,794,040


File title:
Total overview of Vestas' share capital history

Dividend and dividend history

Any decision to distribute cash to shareholders will be made in due consideration of the capital structure targets and availability of excess cash. Determining the level of excess cash will always be based on the company’s growth plans and liquidity requirements.

The Board’s general intention is to recommend a dividend of 25-30 percent of the year’s net result after tax, which will be paid out following the approval by the Annual General Meeting.

Payment day:                   The third bank day after the General Meeting

Currency:                              Danish kroner (DKK)

Profit for the year (mEUR)176771700683894
Cash flow from investing activities before acquisitions of subsidiaries and financial investments (mEUR)813687*729603407
Dividend (mEUR)50230211205267
Dividend per share (EUR)

*) Comparative figures have been restated to reflect change in classifications of investments. Comparative figures from 2017 to 2019 have not been restated. 

Equity analysts and consensus

The consensus sheet is prepared based on input received from the analysts covering the Vestas share and is prepared approx. two weeks before and after the disclosure of a financial report. Participation and sample size may vary.


Currently around 27 analysts cover the Vestas share. Please see their contact information in the list to the right.

ABG Sundal CollierStig Frederiksen +45 35 46 30 15 Denmark
Bank of America Merrill LynchGeorge Featherstone; Ben Heelan
+44 20 7996 9028; +44 20 7996 5723UK
Henry Tarr
+44 20 3207 7827 UK
BernsteinDeepa Venkateswaran+44 20 7959 4915UK
Dan Togo
+45 3288 0245Denmark
Martin Wilkie
+44 20 7986 4077UK
Credit Suisse
Mark Freshney
+44 20 7888 0887UK
Danske Bank
Casper Blom+45 42707722 Denmark
Deutsche Bank
Gael de-Bray (interim)
+33 1 4495 6562UK
Exane BNP ParibasIn transition UK
Goldman Sachs
Ajay Patel
+44 20 7552 1168UK
HandelsbankenGustaf Schwerin+46 (0)87011381 
Sean Diego Mcloughlin
+44 207 991 3464UK
JefferiesLucas Ferhani+44 020 7548 4728UK
J.P. MorganAkash Gupta+44 207 742 7978 UK
Jyske Bank
Janne Vincent Kjær
+45 8989 7036Denmark
Kepler Cheuvreux
William Mackie+44 207 621 5183UK
Morgan Stanley
Ben Uglow
Tel: +44 20 7425 8750UK
Matthew Donen
+31 20 797 0012Netherlands
Nordea Markets
Claus Almer
+45 5547 8041Denmark
Pareto Securities
Bård Rosef
+47 2413 2156Norway
RedburnSimon Toyne+44 20 7000 2065UK
Virginia Sanz de Madrid Grosse
+34 91 257 0839Spain
SEB Enskilda
Kristian Tornøe Johansen+45 33 28 33 07Denmark
Societe Generale
Rajesh Singla
+91 80 6732 2149India
Jacob Pedersen
+45 7437 4452 Denmark
Supriya Subramanian
+44 20 7568 4819UK

Disclaimer: According to Vestas' information, the analysts listed above cover the Vestas share. Analyses from these analysts have not been presented to the company for approval. Vestas thus disclaims the content of such analyses.