Deutsche Borse-Unscheduled change in SDAX: Krones replaces SUSE

STOXX Ltd. has announced an unscheduled component change in the SDAX index.

In connection with a takeover, the free float of SUSE S.A. has dropped below ten percent and the company will be deleted from the SDAX. According to the 'Guide to the DAX Equity Indices', section 5.1.2, the company no longer meets the basic criteria required to remain in the selection indices. These require a minimum free float of ten percent.

Based on its market capitalization Krones AG is the next possible candidate to replace SUSE S.A. in the SDAX index.

As announced on 5 September 2023, Krones AG was deleted from the MDAX as part of the regular September review and no longer held a place on the ranking list. The reason was that Krones did not meet a basic criterion. In the new ranking list, however, all criteria have been met, therefore the company is eligible for inclusion in the DAX selection indices.

This change will become effective on 9 October 2023.

SDAX is a registered trademark of Qontigo Index GmbH.

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About STOXX

STOXX and DAX indices comprise a global and comprehensive family of more than 16,500 strictly rules-based and transparent indices. Best known for the leading European equity indices EURO STOXX 50, STOXX Europe 600 and DAX, the portfolio of index solutions consists of total market, benchmark, blue-chip, sustainability, thematic and factor-based indices covering a complete set of world, regional and country markets.

STOXX and DAX indices are licensed to more than 550 companies around the world for benchmarking purposes and as underlyings for ETFs, futures and options, structured products, and passively managed investment funds.

STOXX Ltd., part of Deutsche Boerse Group, is the administrator of the STOXX and DAX indices under the European Benchmark Regulation.

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