Sartorius moves up to the TecDAX
Posted: 6 June 2012 | Sartorius | No comments yet
Sartorius AG, will be admitted to the TecDAX technology index. The TecDAX is the leading index of the 30 largest and most liquid German technology stock…
Sartorius AG, a leading international laboratory and pharmaceutical equipment provider, will be admitted to the TecDAX technology index. This was announced yesterday on Tuesday evening by the German stock exchange organization, Deutsche Börse Group. Thus, the Sartorius preference share will be traded as of June 18, 2012, in the German index of technology stocks.
The TecDAX is the leading index of the 30 largest and most liquid German technology stocks, and ranks just under the DAX, the blue-chip German Stock Index. Criteria for admission to the TecDAX are free-float market capitalization at the time the shares are reviewed and stock exchange turnover of the past 12 months.
Dr. Joachim Kreuzburg, CEO and Executive Board Chairman of Sartorius, welcomed the decision of Deutsche Börse. “By moving up to the TecDAX, our company and our shares will gain additional attention and become even more attractive. I am confident that in the future as well, we will continue to drive our positive business performance that has contributed to our inclusion in this index.”