on RENK Group AG (isin : DE000RENK730)
RENK Group AG Joins MDAX
RENK Group AG will be listed among the 90 largest companies on the Frankfurt Stock Exchange starting March 24, 2025. The company's shares have shown a remarkable 149% increase since their initial public offering in February 2024.
From March 5, 2025, Deutsche Börse announced the inclusion of RENK Group AG in the MDAX index, highlighting the company's rapid growth trajectory. RENK's share price rose from 15.00 euros to 37 euros, fulfilling the MDAX criteria within a year of its market entry.
Dr. Alexander Sagel, CEO, emphasized that joining the MDAX signifies RENK's evolution into a leading European defense entity. Anja Mänz-Siebje, CFO, indicated that this advancement would boost visibility and attract further investments.
RENK Group will reveal its final 2024 financial results on March 26. The inclusion marks a significant step in RENK's ambition for sustainable growth and technological leadership.
R. H.
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