Deletions from the S&P/TSX Preferred Share Index
TORONTO, May 18, 2017 /CNW/ - S&P Dow Jones Indices Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:
Bank of Montreal (TSX:BMO) has announced that it will redeem for $CDN25.00 cash per share all of its outstanding Non-Cumulative Perpetual Class B Preferred Shares, Series 14 (TSX:BMO.PR.K) and Series 15 (TSX:BMO.PR.L) on Thursday, May 25, 2017. The preferred shares will be removed from the S&P/TSX Preferred Share Index and the S&P/TSX North American Preferred Stock Index prior to the open of trading on Friday, May 26, 2017.
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For further information: Tony North, Director, Canadian Index Operations, Toronto, Ontario, (+1) 416 507 3204, email@example.com; David Blitzer, Managing Director and Chairman of the Index Committee, New York, USA, (+1) 212 438 3907, firstname.lastname@example.org