Free float adjustment for STADA Arzneimittel AG/ Changes to be effective as of 24 August 2017
On Monday, Deutsche Börse announced an unscheduled change to the MDAX Index. Due to the acquisition of STADA Arzneimittel AG by Nidda Healthcare Holding AG, the free float of STADA Arzneimittel AG changed by more than 10 percentage points.
According to the Guide to the Equity Indices of Deutsche Börse AG, section 5.1.5 Extraordinary Free Float Adjustments, the company’s free float will be adjusted in the index from the current 99.86 percent to 36.10 percent. These changes will become effective on 24 August 2017.
The next scheduled index review is 5 September 2017.
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