Buwog: The ATX of the Vienna Stock Exchange has a New Member

Professional ServicesReal Estate ♦ Published: September 2, 2014; 20:06 ♦ (Vindobona)

At today's meeting, the Index Committee has decided on changes in the composition of Austrian stock indices. All changes become effective as of 22 September 2014. In the Austrian leading index, ATX, Mayr-Melnhof Karton AG will be replaced by BUWOG AG.

BUWOG: Vienna Stock Exchange's ATX has a New Member / Picture: © BUWOG - Bauen und Wohnen Gesellschaft mbH

The latter company, specialised in Austrian and German residential real estate, has been listed on the prime market of the Vienna Stock Exchange since 28 April 2014.

The development of the turnover and the free float capitalisation of the stock have been the key factors for the inclusion in the ATX.

There will also be changes in the composition of the ATX five: Due…