Stuttgart, Germany, 06 September 2018. RIB Software SE, the world’s leading provider of iTWO 5D BIM Big Data technology for the construction industry, today announced that according to an announcement by the German stock exchange on September 5, 2018, the company’s shares will also be included in the SDAX as from September 24, 2018 in addition to the TecDAX membership.
Simultaneous membership in both indices is based on the reform of the Dax index family with regard to the removal of the separation into the Tech and Classic segments. TecDAX stocks can now also be listed in the MDAX and SDAX at the same time. In future, the SDAX will comprise the 70 largest and most traded companies below the MDAX. The TecDAX comprises the 30 largest and highest stock exchange turnover technology stocks.
RIB Software SE is an innovator in construction business. The company creates, develops and offers cutting-edge digital technologies for construction enterprises and projects across various industries worldwide. Its flagship product iTWO 4.0 is the world’s first 5D BIM enterprise cloud solution for construction companies, industrial companies, developers and project owners, etc. Since its inception in 1961, RIB Software SE has been the pioneer in construction innovation, exploring and bringing in new thinking, new working method and new technology to enhance construction productivity, and transforming the construction industry into the most advanced and digitalized industry in the 21st century. RIB is headquartered in Stuttgart, Germany, and listed in Prime Standard Frankfurt Stock Exchange since 2011. With more than 900 talents located in over 30 offices worldwide, RIB is serving 100,000 clients including construction contractors, sub-contractors, developers, owners, investors and governments, in the field of building construction, infrastructure, EPC sector and more.