On 25 July, Software AG leaves the MDAX and TecDAX. Vitesco joins the MDAX and makes room for Borussia Dortmund in the SDAX. PNE moves up into the TecDAX.
21 Juli 2023. FRANKFURT (Deutsche Börse). STOXX Ltd, Deutsche Börse's global index subsidiary, has announced unscheduled changes for MDAX, SDAX and TecDAX.
Software AG is leaving the MDAX and TecDAX because its free float fell below 10 percent in connection with an acquisition. According to index rules, the company thus no longer meets the basic criteria for remaining in the selection indices, according to which the free float must be at least 10 percent.
This results in these changes:
Es ergeben sich diese Wechsel:
Withdrawl | Inclusion | |
MDAX | Software AG | Vitesco Technologies Group AG |
SDAX | Vitesco Technologies Group AG | Borussia Dortmund GmbH & Co. KGaA |
TecDAX | Software AG | PNE AG |
These adjustments will take effect on July 25, 2023.
21 July 21, 2023 © Deutsche Börse AG