Befesa joins the MDAX for Telefónica and TAKKT is promoted to the SDAX.
23 January 2024. FRANKFURT (Börse Frankfurt). STOXX Ltd, the index provider of Deutsche Börse, has announced unscheduled changes to the index composition of the MDAX, SDAX and TecDAX.
Telefónica Deutschland Holding AG will be removed from the MDAX and TecDAX because the free float has fallen below 10 percent. According to the rules and regulations, the company therefore no longer fulfills the basic criteria for remaining in the selection indices with a free float of at least 10 percent.
This results in the following changes:
MDAX
Withdrawal | Recording |
Telefónica Deutschland Holding AG | Befesa SA |
SDAX
Withdrawal | Recording |
Befesa SA | TAKKT AG |
TecDAX
Withdrawal | Recording |
Telefónica Deutschland Holding AG | 1&1 AG |
All changes will take effect from January 25, 2024.
23 January 2024, © Deutsche Börse AG