Published by Global Banking and Finance Review
Posted on September 16, 2025
1 min readLast updated: January 21, 2026
Aumovio, spun off from Continental, will be included in Germany's DAX index for one day, allowing index investors to manage shares effectively.
(Reuters) -Shares in auto supplier Aumovio, which is being spun off from Continental, will be included in Germany's benchmark blue-chip index for a single day of trading on Thursday, a unit of stock exchange operator Deutsche Boerse said late Monday.
This is customary for spin-offs of DAX companies so that index investors the opportunity to resell the shares booked into their portfolios in an ordered way, among other things.
Continental shareholders will automatically receive one additional Aumovio share for every two shares they hold in the German car parts supplier on Thursday.
The stock exchange last temporarily raised the number of stocks on the DAX index in 2021, when Mercedes-Benz spun off its truck division Daimler Truck.
Aumovio will be taken out of the index again at the closing of trading on the day.
(Reporting by Linda Pasquini in Gdansk and Alexander Huebner in Munich; Editing by Friederike Heine)
A spin-off is a corporate action where a company creates a new independent company by selling or distributing new shares. This often occurs to unlock value or focus on core operations.
The DAX Index is a stock market index consisting of the 40 largest and most liquid German companies traded on the Frankfurt Stock Exchange, serving as a key indicator of the German economy.
Equity shares represent ownership in a company, giving shareholders voting rights and a claim on a portion of the company's assets and earnings.
A benchmark index is a standard against which the performance of a security, mutual fund, or investment portfolio can be measured, often reflecting the overall market or a specific sector.
A stock exchange is a marketplace where securities, such as stocks and bonds, are bought and sold. It provides a platform for companies to raise capital and for investors to trade.
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