STOXX Ltd., the leading provider of European equity indexes, today announced to change Volkswagen's (Germany, Automobiles & Parts, VLKAY; VOW.XE) free-float factor to 0.3732 from 0.4963. This decision reflects the changes in the shareholder structure of Volkswagen and results in a lower weighting of Volkswagen in the respective indexes. Indexes affected are the Dow Jones EURO STOXX 50, Dow Jones STOXX 600 Large, Dow Jones STOXX Total Market Large, Dow Jones STOXX Sustainability and its respective sub- and sector indexes. The adjustment will be effective as of the opening of trading on Friday, October 31, 2008.
While STOXX Limited evaluates and updates free-float factors of its indexes during the regular quarterly reviews, STOXX Limited's supervisory board today recommended and approved this extraordinary exception to the Dow Jones STOXX Index rules.
