Market capitalisation and index inclusion
As a result of the positive share price development, METRO AG’s market capitalisation increased markedly, rising from €8.1 billion at the end of September 2015 to €8.7 billion at the end of September 2016. On a typical trading day at the Frankfurt stock exchange, the average volume of METRO ordinary shares traded totalled around 1.1 million shares during the reporting year and thus increased compared with the previous year (2014/15: 1.0 million). About 7,500 shares of the less liquid preference shares were traded daily (2014/15: 7,000 shares).
In accordance with Deutsche Börse’s rules and regulations, index composition depends on free-float market capitalisation. At the end of September 2016, market capitalisation of METRO AG’s free float totalled about €4.3 billion (September 2015: €4.1 billion). As such, METRO GROUP is one of the largest members of the MDAX stock market index in terms of market capitalisation and boasts the second-highest stock market trading volume. The METRO share remains a member of the EURO STOXX Retail.
In Deutsche Börse’s index ranking, the METRO AG share ranked 46th in terms of market capitalisation at the end of September 2016 (September 2015: 43) and 31st in terms of stock market trading volume (September 2015: 32).
As in September 2015, METRO GROUP was recognised as the most sustainable retail company in the Food and Staples Retailing category in the Dow Jones Sustainability Index in September 2016 and was named Industry Group Leader. The group once again improved its overall score. At present, German companies are ranked first in just two sectors. In addition, the METRO share is listed in the Dow Jones Sustainability World and Europe indices.
Following METRO GROUP’s inclusion in the FTSE4Good sustainability index in financial year 2013/14, the company’s membership of the FTSE4Good Global and the FTSE4Good Europe was confirmed again in financial year 2015/16. These two British indices include companies that set themselves apart through good corporate social responsibility and corporate governance practices.
METRO AG’s membership in the world’s two most important sustainability index families demonstrates that METRO GROUP is on the right track with its sustainable business practices and that the capital markets are recognising its efforts in this area.