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EQS-News: Siltronic rejoins the MDAX


EQS-News: Siltronic AG / Key word(s): Miscellaneous
Siltronic rejoins the MDAX

18.12.2023 / 09:27 CET/CEST
The issuer is solely responsible for the content of this announcement.


Press release
Siltronic AG
Einsteinstraße 172
81677 Munich
www.siltronic.com


Siltronic rejoins the MDAX

Munich, December 18, 2023 – Due to the positive development of the market capitalization, the Siltronic share is rejoining the MDAX index today. After several months in the SDAX, the Siltronic AG share is once again represented in the second most important index of the German stock exchange. Additionally, Siltronic shares will remain part of the TecDAX.

Throughout the year, Siltronic's share price was negatively impacted by the market weakness in the semiconductor industry, which led to its descent to the SDAX in June 2023. Since then, the share price has steadily recovered, and the company's market capitalization has increased significantly.

Dr. Michael Heckmeier, CEO of Siltronic, commented on this development: "The re-inclusion of Siltronic in the MDAX reflects investors' confidence in our future prospects and our continued growth. This underscores the robust share price performance of recent months."

Siltronic's inclusion in the MDAX is part of Deutsche Börse AG's regular quarterly review. The decision is based on the market capitalization of the freely tradable shares, i.e. the free float market capitalization.


Contact:

Verena Stütze
Head of Investor Relations Communications
Tel.: +49 (0)89 8564 3133
E-mail: investor.relations@siltronic.com


Company profile:

As one of the leading wafer manufacturers, Siltronic is globally oriented and operates production sites in Asia, Europe, and the USA. Silicon wafers are the foundation of the modern semiconductor industry and the basis for chips in all electronic applications – from computers and smartphones to electric cars and wind turbines. The international company is highly customer-oriented and focuses on quality, precision, innovation, and growth. Siltronic AG employs around 4,500 people worldwide and has been listed in the Prime Standard of the German Stock Exchange since 2015. Siltronic AG shares are included in both the MDAX and TecDAX stock market indices.



18.12.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Siltronic AG
Einsteinstr. 172
81677 Munich
Germany
Phone: +49 89 8564 3133
Fax: +49 89 8564-3904
E-mail: investor.relations@siltronic.com
Internet: www.siltronic.com
ISIN: DE000WAF3001
WKN: WAF300
Indices: SDAX, TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart, Tradegate Exchange
EQS News ID: 1798513

 
End of News EQS News Service

1798513  18.12.2023 CET/CEST

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Siltronic AG Aktie

74,70 €
-1,64 %
Siltronic AG muss heute Verluste wegstecken. Die Aktie notiert im Vergleich zu gestern um -1,64 % tiefer.
Die Community bevorzugt leicht Siltronic AG, mit etwas mehr Buy- (3) als Sell-Einschätzungen (0).
Ein Kursziel von 95 € für Siltronic AG würde eine Steigerung von mehr als 20% gegenüber dem aktuellen Kurs von 74.7 € bedeuten.
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