Siemens Energy becomes new member of stock index DAX
Germany, Munich: Deutsche Boerse announced on 3 March that German energy company Siemens Energy AG has joined its blue-chip DAX index.
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Germany, Munich: Deutsche Boerse announced on 3 March that German energy company Siemens Energy AG has joined its blue-chip DAX index.
A few months after listing in the Prime Standard of the Frankfurt Stock Exchange, Siemens Energy will be included in the most important German stock index DAX. This was announced by Deutsche Boerse on 3 March late in the evening (German time). The change in the DAX composition will become effective on 22 March. The energy technology company Siemens Energy was carved-out from Siemens AG last year and has been listed as an independent company since September 2020.
“The fact that we will become a DAX member so soon after our initial listing on the stock exchange is a great recognition of our company’s proposition and the commitment of our employees. As a leading energy technology company, we want to actively shape the energy transition and grow profitably. Becoming a DAX member is a motivation for all of us to consistently pursue this goal for the benefit of our stakeholders,” said Christian Bruch, CEO Siemens Energy.
Source: Siemens Energy