As of October 9, Krones will join the SDAX on behalf of SUSE. SUSE's free float has fallen below the required 10 percent.
9 October 2023. FRANKFURT (Deutsche Börse). STOXX Ltd, Deutsche Börse's global index subsidiary, has announced an unscheduled change in the SDAX.
SUSE S.A. will be removed from the SDAX because its free float fell below 10 percent in connection with an acquisition. According to index rules, the company thus no longer meets the basic criteria for remaining in the selection indices. The free float must be at least 10 percent.
For SUSE S.A., Krones AG will be included in the SDAX as the next possible successor on the basis of market capitalization.
As announced on September 5, 2023, Krones AG was removed from the MDAX as part of the regular index review and was no longer given a place on the ranking list. The reason for this was that Krones AG did not meet a basic criterion. As the company again meets all criteria on the new ranking list, it is also eligible for a vacant place in the DAX selection indices.
This adjustment will take effect on October 9, 2023.