(Zug, October 4, 2023) – 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.
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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.
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