The spin-off of Vitesco Technologies Group AG from Continental AG results in an adjustment of the index. The DAX calculation on September 16 is made with 31 shares.
13 September 2021. FRANKFURT (Deutsche Börse). STOXX Ltd, the global index provider of Deutsche Börse, has announced an unscheduled change in the DAX. With the spin-off of Vitesco Technologies Group AG from Continental AG, an adjustment in the DAX is necessary: Vitesco Technologies Group AG will be included in the DAX for one day on September 16, 2021. This adjustment ensures that the index can be mapped for investors. The DAX will thus be calculated with 31 stocks for one day.
Vitesco Technologies Group AG is included in the index at a price of zero. The free float factor and the number of shares with which the company is included in the index are predetermined by the shares of Continental AG in the index and the spin-off ratio. On September 16, Vitesco Technologies Group AG will be removed from the DAX again after the close of Xetra trading and the weighting of Continental AG will be adjusted accordingly.
13 September 2021. © Deutsche Börse