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TRATON to be uplisted to the MDAX

TRATON Logo Brands

TRATON SE will be uplisted from the SDAX to the MDAX, which tracks the performance of the 50 largest companies following the DAX stocks on the Regulated Market of the Frankfurt stock exchange. According to the information provided by Deutsche Börse, TRATON’s admission to this key stock market index will be effective from June 24, 2024.

The decisive factor for the Company’s admission to the MDAX is its free float market capitalization. TRATON’s market capitalization currently stands at around €17 billion. 500 million shares have been issued in total, of which 10.28% are free float shares. The remaining shares are held by Volkswagen.

“2023 was a very successful year for the TRATON GROUP, and we have got off to a good start in 2024 as well. TRATON’s stock market performance has also been very promising in recent months, which paved the way for our MDAX admission. This motivates us even more to accelerate our transformation journey towards a more sustainable transportation sector. At the same time, we are working hard on leveraging the collaboration between our brands to become even more efficient and on offering our brands’ customers attractive financial services under the TRATON Financial Services umbrella,” said Dr. Michael Jackstein, CFO and CHRO of the TRATON GROUP.

TRATON SE celebrated its initial public offering on the stock exchanges in Frankfurt and Stockholm on June 28, 2019. Its shares were originally listed at €27.00 and SEK 284.70. The highest prices to date have been €36.70 (Xetra) and SEK 430.50 (Nasdaq Stockholm). TRATON’s shares have been listed on the SDAX since September 23, 2019.

The specified fuel consumption and emission data does not refer to a single vehicle and is not part of the offer but is only intended for comparison between different types of vehicles. Additional equipment and accessories (additional components, tyre formats, etc.) can alter relevant vehicle parameters such as weight, rolling resistance and aerodynamics, affecting the vehicle's fuel consumption, power consumption, CO2 emissions and driving performance values in addition to weather and traffic conditions and individual driving behavior. Further information on official fuel consumption data and official specific CO2 emissions for new passenger cars can be found in the "Guide to fuel economy, CO2 emissions and power consumption for new passenger car models", which is available free of charge from all sales dealerships and from DAT Deutsche Automobil Treuhand GmbH, Hellmuth-Hirth-Str. 1, D-73760 Ostfildern, Germany and at www.dat.de/co2.