# Siemens CEO watching the share price of Siemens Energy – CEO
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2021-11-11
Category: BUSINESS
Category URL: https://financedigest.com/category/business
Meta Title: Siemens CEO Roland Busch to monitor stock price before
Meta Description: Siemens CEO Roland Busch continues to watch Siemens Energy stock price, aiming to sell at a profitable rate post spin-off. Stay informed!
URL: https://financedigest.com/siemens-ceo-watching-the-share-price-of-siemens-energy-ceohtml

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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](https://www.financedigest.com/the-last-mile-of-statutory-reporting-is-absolutely-crucial-heres-how-one-global-company-does-it-with-onesource.html "The last mile of statutory reporting is absolutely crucial. Here’s how one global company does it with ONESOURCE") its fourth quarter earnings.

(Reporting by John Revill, editing by Kirsti Knolle)


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