Puig Brands, S.A. (“Puig” or the “Company”), the global player in Premium Beauty with a diversified footprint across brands, product categories and geographies, has been selected to join the Ibex 35 index from July 22nd.This index comprises the 35 most liquid securities listed on the Electronic Stock Market Interconnection System (SIBE) across the Madrid, Barcelona, Bilbao, and Valencia stock exchanges.
Puig was selected by the Ibex 35 Technical Advisory Committee (TAC) during its extraordinary meeting held on July 9th. The TAC evaluates companies based on several criteria including trading volume, liquidity, and market capitalization.
Puig debuted on the Spanish Stock Exchanges on May 3rd at an offer price of €24.50 per share, making it the largest IPO globally in 2024 and in Europe since 2022. Since its IPO, Puig shares have had a robust market performance with a current market capitalization of € 14,4 billion. As of closing on July 9th, Puig’s class B shares were valued at € 4,4 billion, placing it in the top 20 of Ibex 35 constituents.