Porsche Automobil Holding SE is set to be removed from Germany's benchmark DAX stock index and will be replaced by construction group Hochtief, effective June 22, 2026. The change was announced on June 3, 2026, by index provider STOXX following a regular quarterly review. Following its removal from the index of 40 major German companies, the holding company will move to the MDAX, which tracks medium-sized firms.
This demotion from Germany's main stock market index is a notable event for the Volkswagen shareholder. Changes to the DAX are particularly important for investment funds that automatically track the index, as they are required to adjust their portfolios accordingly, which can influence share prices. The stock price for Porsche Automobil Holding SE experienced a decline in the days leading up to the announcement.