Bechtle AG will make its début on the MDAX stock index on 24 September 2018, as announced last night by Deutsche Börse AG. The listing is part of a wider reshuffle of Deutsche Börse indices. This also sees an end of the separation into classic and tech segments.
DAX-listed companies associated with the tech sector can now also be included in the TecDAX index, while TecDAX companies may at the same time feature on the MDAX or SDAX. The MDAX tracks the 60 largest listed companies that rank below the DAX index. Bechtle is thus among the 90 largest companies that feature on the exchange in Germany. As well as the MDAX, Bechtle will continue to be listed on the TecDAX, which it first joined upon its inception in 2004.
“We credit Bechtle being traded on the MDAX above all to our company’s positive development over the past years, and not least to our transparent communication vis-à-vis the capital market”, says Bechtle AG’s chief executive, Dr Thomas Olemotz.