AT&S returns to the Austrian lead index ATX
Criteria for admission to index met at end of February, admission effective as of 19 March
AT&S, one of the global technology leaders for high-end printed circuit boards and IC substrates, is moving up to the Austrian lead index ATX (Austrian Traded Index) according to a decision adopted on 6 March 2018 by the ATX committee, which is in charge of the composition of the index at the Vienna Stock Exchange.
The ATX is the most important stock index calculated by the Vienna Stock Exchange and has existed for more than 25 years. The index comprises the shares of the 20 largest companies on the Vienna Stock Exchange based on stock market turnover and free float capitalisation.
The criteria used as a basis for the decision of the ATX committee for the admission to the ATX consist of the share’s average daily volume traded in the past 12 months and the free float capitalisation over the term of the month of February. AT&S ranked 17th in terms of volume traded and 20th in free float capitalisation, thus moving up to the Austrian lead index again.
“We are very pleased with the readmission to the ATX. Especially last year we made good progress in the implementation of our corporate strategy, which is also reflected in our results. Based on our strategic measures, which are designed to achieve a sustainable business development and value increase, we are well prepared for our readmission to the ATX”, says AT&S CEO Andreas Gerstenmayer. AT&S CFO Monika Stoisser-Göhring adds: “This step gives us an additional incentive to continue justifying the trust investors have shown us through transparent capital market communication and a positive company development.”
AT&S has been listed on the stock exchange since 17 July 1999, originally in Frankfurt, in the “Neuer Markt” segment. In the year 2008, the change over to the Vienna Stock Exchange, where the shares have been listed in the “Prime Market” segment since 20 May 2008, was completed. The prerequisite for a listing in this segment is the compliance with extended transparency and disclosure obligations.
The admission of the AT&S share to the ATX will become effective on 19 March 2018. The index composition of the ATX is reviewed semi-annually; the next review will take place in September 2018.