Galderma to replace Meyer Burger in Swiss mid-cap index

Meyer Burger Technology AG

09/07/2024 17:55

ZURICH, July 9 (Reuters) - Swiss skin care company
Galderma  GALD.S  will begin trading in the country's SMIM
mid-cap index  .SMIM  from Sept. 23, replacing solar panel maker
Meyer Burger  MBTN.S , the SIX stock exchange said on Tuesday.
    Galderma debuted in late March, pricing its initial public
offering (IPO) at 53 francs per share. The stock has since risen
by more than a third to 73 francs per share.
    There are no changes planned to the blue-chip SMI index
 .SSMI , the stock exchange said.

 (Reporting by Oliver Hirt; Editing by Emelia Sithole-Matarise)
 ((dave.graham@thomsonreuters.com; Reuters Messaging:
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