A Weight Change the S&P/TSX Composite Index
TORONTO, Sept. 25, 2014 /CNW/ - S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:
Valeant Pharmaceuticals International Inc. (TSX:VRX) has announced the appointment of Jeffrey Ubben of ValueAct Capital to the board of directors of the company effective October 1, 2014. To reflect the application of a control block as part of this appointment, the relative weight of Valeant will decrease in the S&P/TSX Composite and Capped Composite, the S&P/TSX 60 and 60 Capped, the S&P/TSX Capped Health Care and the S&P/TSX 60 ESG Indices. There will be no relative weight change for Valeant in the S&P/TSX Composite Equal Weight, the S&P/TSX 60 Equal Weight or the S&P/TSX Composite High Beta Indices as a result of this weight change. These changes will be effective after the close of trading on Thursday, October 2, 2014.
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SOURCE: S&P Dow Jones Indices
For further information:
Director, Canadian Index Operations
S&P Dow Jones Indices
(+) 416 507 3204
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices
(+) 212 438 3907