Gecina joins the CAC Next 20 and CAC Large 60 indices
Gecina will be joining the CAC Next 20 and CAC Large 60 indices from March 19, 2018. This decision, announced by Euronext on March 8, follows the quarterly review of the make-up of the various CAC indices.
Gecina’s inclusion in these indices reflects the impact of its solid stock market performance over the past few years, as well as the increase in the size of its float, particularly following its acquisition of Eurosic in the second half of 2017.
Gecina’s market capitalization represented €10.6bn at March 9, 2018, with a float of nearly 60% or €6.3bn.
Méka Brunel, Chief Executive Officer: “Joining the CAC Next 20, the index that groups together the Paris stock exchange’s 20 most representative stocks in terms of capitalization, float and liquidity after the 40 stocks from the CAC 40, sends out a strong message for Gecina”.