PVA TePla AG moves up to the S-DAX
Post date: 07/09/2021 - 12:55
German PVA TePla AG of Wettenberg (Hesse), a supplier of production systems for high-temperature and plasma processes and a manufacturer of crystal growing systems for the solar industry, will be listed on Deutsche Börse's S-DAX from September 20, 2021. According to the company, its stock market value is currently around €740 million ($878 million). 86 percent of this is in free float in the form of freely tradable shares.
The S-DAX comprises 70 stocks, which follow the M-DAX stocks in the ranking according to the market capitalization of the free float. PVA is thus one of the 160 most valuable listed companies in Germany.