Listed at Euronext in Amsterdam (Stock Symbol: AALB)
How to Open a Trading Account to Invest in Aalberts' Shares
Opening an investment account with an Online Broker is a process that is completed online and requires:
First, choose the broker that best fits you. Here, we present eToro as the main choice.
Upload an ID and a proof of address (electricity, water bills, etc.), through the Broker's App or via email.
Whether you open it with eToro or with another broker, make sure to choose the right base currency of the account. With some brokers, changing it once you open the account can be painful. Trading Accounts may be based in US Dollars (USD), Euros (EUR), Pound Sterling (GBP), Swiss Franc (CHF), Australian Dollar (AUD) as the base currency. Practically all of them offer the option in US Dollars or Euros.
Once the account has been approved by the Broker, it's time to deposit cash. The depositing and withdrawing money methods are usually Credit Cards, Bank Transfers or eWallets (PayPal, PaySafe, Skrill, SafetyPay, Neteller, among many others). The available options to deposit funds will depend on each Broker. A vital fact to mention is that all of the Brokers presented above allow you to use a simulator on their platform, that is, they allow testing their Demo account, which is totally Free. In other words, you can open a Demo account, try the platform, and then decide whether to deposit money or not.
Upon the capital is credited into your credited account, you may now buy the Stock.
Is it easy to invest in Aalberts' Shares?
Online Brokers allow investing in Shares straightforwardly through optimized apps that grant easy and fast access to financial markets. In fact, most platforms resemble a social network or any other phone app: They are designed so that the investor can learn and start trading very quickly, without the need for much prior knowledge. Literally, to buy shares of Aalberts, you have to:
open a trading account as explained before,
Search for "Aalberts" on the Broker's Trading platform, and
press the "Buy" button.
And, done, you are officially investing in the co's shares.
Based out of Utrecht, Aalberts N.V. is an industrial manufacturer that was founded in 1975 by Jan Aalberts. The Dutch manufacturer is heavily involved in climate, industrial, installation and material technology. More specifically, integrating piping systems, hydronic flow control, heat and surface treatment, liquid regulation and much more. Aalberts N.V. is very active in terms of acquisitions, including Conbraco Industries in 2010 and Ventrex Automotive in 2015. Aalberts N.V., trading as AALB.NV on the Euronext, went public in 1987.
AALB.NV has been part of the AEX index since 2015. The AEX is comprised of the 25 most traded Dutch stocks on the Euronext. Prior to going public, the company name was Aalberts Industries.
2006 was a turbulent year for Aalberts N.V. The company was fined €100 million by the European Commission. They were accused of being part of a copper fitting cartel, but an appeal in 2011 saw the fine overturned by the European Court of Justice. The European Commission has strongly opposed the decision of the ECJ. However, Aalberts N.V. has always adamantly denied any wrongdoing.