(Vienna) The review of the Austrian indices resulted in changes to the composition of the ATX Top Dividend benchmark. The composition of the ATX Top Dividend is validated annually in December. The capitalisation-weighted price index includes the 15 prime market stocks with the highest dividend yield. In accordance with the application of the rules and regulations, the following changes will take effect on Monday, 18 December:
|ADDIKO BANK AG
|UBM DEVELOPMENT AG
|RAIFFEISENBANK INTERNAT. AG
The next scheduled review of the constitution of the national index ATX will take place in March 2024 and will be carried out every six months – once again in September. In accordance with the "The Rules for the Austrian Indices of the Vienna Stock Exchange", the Vienna Stock Exchange can include or exclude companies from the index after the respective review. The ATX watchlist, which is published once a month, serves as a basis for decision-making. The calculation parameters (number of shares, free float factors and representation factors) are reviewed on a quarterly basis.
The index calculation is based on a purely quantitative methodology that is defined in a set of rules. This regulatory framework is set up by the Index Committee, where institutional investors, trading members, issuers of financial products, academics and the Vienna Stock Exchange contribute their experience.
For enquiries, please contact:
About the Vienna Stock Exchange
As the central infrastructure provider in the region, Wiener Börse AG opens doors to global markets. It operates the stock exchanges in Vienna and Prague. Listed companies benefit from maximum liquidity there, and as the market leader it offers investors fast and inexpensive trading. Wiener Börse collects and distributes price data and calculates the most important indices for a dozen markets in the region. Thanks to its unique know-how, the national exchanges in Budapest, Ljubljana and Zagreb also rely on the IT services of the Vienna Stock Exchange. In addition, it is involved in other energy exchanges and clearing houses in the region.
This press release may contain certain forward-looking statements and projections based on assumptions current at the date of this press release. We assume no liability whatsoever that these forward-looking statements will occur. Furthermore, we expressly point out that this press release does not serve as a basis for an investment decision and constitutes neither an invitation to buy nor an investment recommendation by Wiener Börse AG. The information in this press release is provided without guarantee.