A Deletion from the S&P/TSX Preferred Share Index
TORONTO, Oct. 22, 2012 /CNW/ - S&P Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:
CIBC (TSX:CM) has announced that it will redeem for $CDN25.00 cash per share all of the outstanding shares of its Non-Cumulative Class A Preferred Shares, Series 18 (TSX:CM.PR.P) at the close on October 29, 2012. The shares of this issue will be removed from the S&P/TSX Preferred Share Index and the S&P/TSX North American Preferred Stock Index after the close of trading on Monday, October 29, 2012.
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SOURCE: Standard & Poor's Canadian Index Operations
For further information:
Director, Canadian Index Operations
S&P Dow Jones Indices
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices