Uniper to be Removed From SDAX Index Due to German Goverment Takeover
22 December 2022 - 5:47PM
Dow Jones News
By Giulia Petroni
Deutsche Boerse AG said late Wednesday that Uniper SE will be
removed from the SDAX index as its free float has dropped below 10%
following the German government's takeover.
The company no longer meets the basic free float criteria
required to remain in the index, it said. Uniper will be replaced
in the index by SFC Energy AG effective on Dec. 27.
The unscheduled component change was announced by Qontigo's
global index provider Stoxx Ltd.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
December 22, 2022 01:32 ET (06:32 GMT)
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