Siemens Energy replaces Hellofresh in the Dax

Siemens Energy went public two years ago

Siemens Energy shares are back in the Dax.

(Photo: dpa)

Frankfurt From September 19 there will again be three Siemens in the Dax: The energy technology company Siemens Energy will return to the first stock exchange league and will be listed there alongside Siemens and the Siemens subsidiary Siemens Healthineers. Deutsche Börse announced this late Monday evening as part of its quarterly index reviews.

The recipe box mailer Hellofresh has to make way for this. Its share was included in the leading index just under a year ago as part of the Dax expansion by ten to 40 companies. Since then, however, it has lost around 75 percent and is relegated to the MDax of the 50 largest small-cap stocks.

Siemens only listed Siemens Energy as a major spin-off in September 2020. In March 2021, the Siemens Energy share was included in the Dax, but then the price went down, and in March 2022 Siemens Energy had to leave the Dax again.

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