Covestro AG develops, produces and markets polymeric materials for various industries. The company operates in three segments: polyurethanes; polycarbonates; and Coatings, Adhesives, Specialties (CAS). The polyurethanes segment develops, produces and markets chemical precursors, such as diphenylmethane diisocyanate, toluene diisocyanate and polyether polyol, which are mainly used in the furniture, construction and automotive industries. The Polycarbonates segment provides high-performance plastic polycarbonates in the form of granules, composites and semi-finished products for use in the automotive, construction, electrical and electronics, medical technology and lighting industries. The CAS segment offers precursors for coatings, adhesives and sealants, as well as specialties. This segment also provides polymeric materials and aqueous dispersions for use in automotive and transportation, infrastructure and construction, wood processing, and furniture applications. The company markets its products through commercial houses and distributors. It operates in Europe, the Middle East, Africa, Latin America, the United States, Canada and the People’s Republic of China. The company was founded in 1863 and is based in Leverkusen, Germany.
How to buy Covestro AG (COVTY) shares. guide with steps
Would you like to obtain Covestro AG (COVTY) shares on OTC reliably and using a regulated and recognized broker? Would you like to be able to invest your profits every month and make a profit on the stock market? With this guide I am going to show you how easy it is to invest in DEGIRO , a regulated German investment broker with low commissions, and how you will be able to acquire your first shares in Covestro AG (COVTY) (COVTY) quickly and intuitively.
The method is very simple :
- First of all, we will register on DeGiro, a platform on which we will acquire shares of the company Covestro AG (COVTY) with the ticker (COVTY).
- Secondly, we will make a transfer of funds to carry out the 1st investment.
- Once we see the funds we have to search for Covestro AG by the ticker, which is COVTY.
- Then we will only add the number of shares we want, purchase value and the type of order.
This checklist may have been a bit brief for you, so I’m going to show you step by step with images.
Tutorial – How to register in degiro.
As a first step we must register in degiro through the following link :
It will ask us for an e-mail, a name and a password to enter, and later we will continue with the link that they have sent us by email.
Degiro will continually ask us for important information to verify our identity . We need to have at hand our passport, identity document or driving license, mobile phone and the number of the bank account that we will apply to proceed to make our 1st deposit in IBAN format. If you have no idea what this format is, you can check this simple tutorial that we have prepared at Educacep .
Once our account is verified we will be able to pay money from the Enter / Withdraw option. We have the possibility of making a bank transaction that will take between two to three days, or carry out the deposit instantly thanks to Sofort, a 100% secure and reliable payment gateway.
How to buy Covestro AG (COVTY) shares via wire transfer
At the time that we have the capital we can obtain our 1st share. You can either go to the “Place Order” button in the right corner or use the DEGIRO search engine and paste the ticker. In the following screenshot you will see that I have put the Amazon ticker but in your case you should insert (COVTY), the Covestro AG ticker. As it is an action, we will see that the related businesses and companies are listed and there we will look to find Covestro AG. What is key is that the ticker, the name of the stock and the market in which it is listed coincide. Amazon is listed on Nasdaq (NDQ) and in your case Covestro AG (COVTY) is listed on OTC. This step is very important so make no mistake.
At the moment of making the order we have to pay attention to what I am going to explain to you . We may be able to place a limit or market order. You think you want to get a Covestro AG share, but its current price is higher. With the limit order we will place the value at which we plan to execute the purchase and until there are no shares for sale at a certain value, the purchase operation of the share will not be executed. With a market order DeGiro will buy the number of shares that we have indicated at the actual selling price, which would be very similar to today’s trading price.
In any circumstance it is very important that you look at the type of classification: permanent or daily . As an example, in Spain, the stock market is in the morning and until 1:00 p.m., and in the US it coincides with the afternoon schedule in Spain. If an order is permanent, it will be up to the point where it gets executed, but if you choose the «of the day» option, at the time the trading session ends, if it has not been executed, it will be removed from your panel from Activity – Orders in pending status.
I hope this quick article has helped you to buy shares in Covestro AG. Bye now!
|Name||Title||Salary||exercised||Year of birth|
|Dr Markus Steilemann||CEO and Chairman of the Board of Directors||3.6 million||N/A||1970|
|Dr Thomas Toepfer||CFO, Labor Director and Member of the Board of Directors||2.06 million||N/A||1972|
|Dr. Klaus Schafer||CTO and member of the board of directors||1.75 million||N/A||1962|
|Mrs. Sucheta Govil||Commercial Director and Member of the Board of Directors||1.62 million||N/A||1963|
|Mr. Ronald Koehler||Head of Investor Relations||N/A||N/A||N/A|
|Dr. Joachim H. Wolff||Head of Polyurethanes Bus. Unit||N/A||N/A||1952|
|Mr Daniel Meyer||Head of the Polyurethanes (PU) Segment||N/A||N/A||1967|
|Ms. Michelle B. B. Jou||Head of Polycarbonate Segment||N/A||N/A||1969|
|Mr Michael Friede||Head of the Coatings S Segment, Adhesives, Specialties||N/A||N/A||N/A|
|Mr Uwe Arndt||MDI Site Manager||N/A||N/A||N/A|
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