Germany’s Premiere joins stock exchanges

Pay TV operator admitted under fast-entry rule

BERLIN — German paybox Premiere is headed for the Dow Jones Stoxx 600 Euro index and Deutsche Boerse’s MDAX stock exchange for midsized companies.

Move is a sign of Premiere’s good shape: The pay TV operator was admitted into the MDAX under the Deutsche Boerse’s fast-entry rule, which allows admission outside of regular testing dates in March and September for firms ranking among the 40 biggest companies in terms of share trading volume and market capitalization, but below the top 30 companies that make up the main DAX index.

“As an MDAX company, there is even greater focus on Premiere’s stock by the capital markets — national as well as international,” Premiere’s CEO Georg Kofler said.

Also effective June 20, Premiere’s stock will be included in the Dow Jones Stoxx 600 index. Premiere already is listed on Morgan Stanley Capital Intl.’s MSCI World Index.

Premiere went public March 9 in what was the largest IPO yet of a German media company, raising E1.2 billion ($1.47 billion).

More Scene

  • Ryan Murphy Pose

    Ryan Murphy on 'Showrunning as Advocacy' and the Post-Me Too 'Age of Enlightenment'

    BERLIN — German paybox Premiere is headed for the Dow Jones Stoxx 600 Euro index and Deutsche Boerse’s MDAX stock exchange for midsized companies. Move is a sign of Premiere’s good shape: The pay TV operator was admitted into the MDAX under the Deutsche Boerse’s fast-entry rule, which allows admission outside of regular testing dates […]

  • 'The Sinner' film premiere

    Jessica Biel Closes Her Kid-Friendly Au Fudge Restaurant

    BERLIN — German paybox Premiere is headed for the Dow Jones Stoxx 600 Euro index and Deutsche Boerse’s MDAX stock exchange for midsized companies. Move is a sign of Premiere’s good shape: The pay TV operator was admitted into the MDAX under the Deutsche Boerse’s fast-entry rule, which allows admission outside of regular testing dates […]

  • Comedy Converstion with L to R:

    Just for Laughs Festival Honors Tiffany Haddish, Hannah Gadsby, More

    BERLIN — German paybox Premiere is headed for the Dow Jones Stoxx 600 Euro index and Deutsche Boerse’s MDAX stock exchange for midsized companies. Move is a sign of Premiere’s good shape: The pay TV operator was admitted into the MDAX under the Deutsche Boerse’s fast-entry rule, which allows admission outside of regular testing dates […]

  • Paul Krassner Memoir Illustration

    Paul Krassner on Resisting With Humor

    BERLIN — German paybox Premiere is headed for the Dow Jones Stoxx 600 Euro index and Deutsche Boerse’s MDAX stock exchange for midsized companies. Move is a sign of Premiere’s good shape: The pay TV operator was admitted into the MDAX under the Deutsche Boerse’s fast-entry rule, which allows admission outside of regular testing dates […]

  • Just for Laughs Festival Montreal

    Just for Laughs Festival Is the Coachella of Comedy

    BERLIN — German paybox Premiere is headed for the Dow Jones Stoxx 600 Euro index and Deutsche Boerse’s MDAX stock exchange for midsized companies. Move is a sign of Premiere’s good shape: The pay TV operator was admitted into the MDAX under the Deutsche Boerse’s fast-entry rule, which allows admission outside of regular testing dates […]

  • National Comedy Center Set To Open

    National Comedy Center Set To Open During Lucille Ball Fest

    BERLIN — German paybox Premiere is headed for the Dow Jones Stoxx 600 Euro index and Deutsche Boerse’s MDAX stock exchange for midsized companies. Move is a sign of Premiere’s good shape: The pay TV operator was admitted into the MDAX under the Deutsche Boerse’s fast-entry rule, which allows admission outside of regular testing dates […]

  • Carter Hudson, John Singleton, Angela LewisFX's

    John Singleton on Disney-Fox Deal: 'You Gotta Let FX Be What It Is'

    BERLIN — German paybox Premiere is headed for the Dow Jones Stoxx 600 Euro index and Deutsche Boerse’s MDAX stock exchange for midsized companies. Move is a sign of Premiere’s good shape: The pay TV operator was admitted into the MDAX under the Deutsche Boerse’s fast-entry rule, which allows admission outside of regular testing dates […]

More From Our Brands

Access exclusive content