S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
25 Jun, 2013, 17:15 ET
A Deletion from the S&P/TSX Preferred Share Index
TORONTO, June 25, 2013 /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 (plus a $1.00 redemption premium + $0.150925 accrued dividend) all of the outstanding shares of its Non-Cumulative Preferred Shares, Series 'AH' (TSX: RY.PR.H). 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 Tuesday, July 2, 2013.
About S&P Dow Jones Indices
S&P Dow Jones Indices LLC, a part of McGraw Hill Financial, is the world's largest, global resource for index-based concepts, data and research. Home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average™, S&P Dow Jones Indices LLC has over 115 years of experience constructing innovative and transparent solutions that fulfill the needs of investors. More assets are invested in products based upon our indices than any other provider in the world. With over 830,000 indices covering a wide range of asset classes across the globe, S&P Dow Jones Indices LLC defines the way investors measure and trade the markets. To learn more about our company, please visit www.spdji.com.
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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
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