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Aston Martin floated on the London Stock Exchange at 8:00 [BST] this morning at a price of £19 per share, giving the British manufacturer, which can now be seen on stock exchange listings as "AML", a brand value of £4.33 billion ($5,607,350,000).
The firm narrowed the range of its IPO from between £17.50 and £22.50 per share to between £18.50 and £20 per share.
In going public, the British company is asking investors to overcome fears about USA threats to tax foreign autos and the potential for Britain's planned exit from the European Union to disrupt supply chains and markets.
Shares in the company become available to individual investors on Monday, but the first day of conditional trading posed more questions about whether you should be looking to buy or should leave well alone.
This entry on the Stock market "represents a historic step for Aston Martin" and "we are delighted with the positive reception that we have received from investors around the world", welcomes Andy Palmer, managing director of the company, quoted in the press release.
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The firm, which has gone bust seven times in its 105-year history, opened with a valuation of £4.3bn, below its initial hopes for a price tag of over £5bn. In August, it was revealed that the company had a 14% increase in revenue in a single half-year, bringing total revenue up to just short of £450 million. "We are excited about the momentum across the company and are fully focused on continuing to deliver our exciting growth strategy through the Second Century Plan".
Lawler added: "The first public listing of a British carmaker in decades has the kind of dinner party appeal that few IPOs share".
Aston Martin, which was founded in a small London workshop, has been transformed into an ultra-luxury brand whose classic auto owners include heir to the British throne Prince Charles.
"The British carmaker is in rude financial health".
The hotly-anticipated move is the largest IPO in the global automotive sector since Italian luxury vehicle giant Ferrari listed on Wall Street three years ago. Investindustrial took a 37.5 percent stake in Aston in 2012, with Daimler also owning a 4.9 percent share.