Correction: Two changes each in MDAX, SDAX and TecDAX

Release date: 06 Mar 2024

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Deutsche Börse Group

(In the initial version of the press release on 5 March, Adtran Networks SE was mentioned as a deletion in TecDAX. However, the company to be deleted is ADTRAN HOLDINGS INC.)

(Zug, 6 March 2024) - STOXX Ltd. has announced the new composition of the DAX index family. 

DAX, MDAX, SDAX and TecDAX represent the largest companies (by free float market capitalization) listed on the Regulated Market of Frankfurt Stock Exchange, which meet the basic criteria for index inclusion as defined in the DAX rulebook. The indices are reviewed on a quarterly basis. The scheduled March review includes the Regular Exit, Regular Entry, Fast Exit and Fast Entry rules. 

The following changes will be made:
 

MDAX:

Addition 

Deletion

MorphoSys AG

Rational AG

Bilfinger SE

Vitesco Technologies Group AG

SDAX:

Addition 

Deletion

Vitesco Technologies Group AG

Bilfinger SE

MLP SE

MorphoSys AG

TecDAX:

Addition 

Deletion

Eckert & Ziegler Strahlen- und Medizintechnik AG

Verbio SE

SÜSS MicroTec SE

ADTRAN HOLDINGS INC.

Rational AG will leave the MDAX and is no longer eligible for any selection index because it does not meet one of the basic criteria, according to section 5.4.2 in the rulebook. As defined there, the company does not comply with one recommendation of the German Corporate Governance Codex (C.10) which pertains to the chair of the audit committee.

All additions and deletions will become effective on 18 March 2024. 

Furthermore, some changes to the methodology of DAX equity indices will become effective on 18 March, which were announced in March 2023, these relate to changes in the treatment of corporate actions and the index formula; and to an adjustment of the capping in the DAX index family from 10 to 15 per cent, announced in November 2023.


The next scheduled index review of the DAX index family is 5 June 2024. 


DAX®, MDAX®, SDAX® and TecDAX® are registered trademarks of ISS STOXX Index GmbH.


Media contact:
Andreas v. Brevern 
andreas.von.brevern@deutsche-boerse.com
+49 69 2 11 14284


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