S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
Changes in the S&P/TSX Preferred Share Indices
TORONTO, Feb. 14, 2014 /CNW/ - S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:
Royal Bank of Canada (TSX:RY) has announced that it will redeem for $CDN25.00 cash per share all of the outstanding shares of its Non-Cumulative 5-Year Rate Reset First Preferred Shares Series 'AN' (TSX:RY.PR.N), Non-Cumulative 5-Year Rate Reset Preferred Shares Series 'AP' (TSX:RY.PR.P) and Non-Cumulative 5-Year Rate Reset Preferred Shares Series 'AR' (TSX:RY.PR.R) at the close on February 24, 2014. The shares of these 3 issues will be removed from the S&P/TSX Preferred Share, the S&P/TSX Preferred Share Laddered and the S&P/TSX North American Preferred Stock Indices after the close of trading on Monday, February 24, 2014.
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SOURCE S&P Dow Jones IndicesFor further information:
Director, Canadian Index Operations
S&P Dow Jones Indices
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices