A Deletion from S&P/TSX Preferred Share Indices
TORONTO, Nov. 17, 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 6.10% Non-Cumulative 5-Year Rate Reset First Preferred Shares, Series AX (TSX:RY.PR.Y) at the close on Monday, November 24, 2014. The shares of this issue 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, November 24, 2014.
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SOURCE: S&P Dow Jones Indices
For further information: Tony North, Director, Canadian Index Operations, S&P Dow Jones Indices, (+) 416 507 3204, [email protected]; David Blitzer, Managing Director and Chairman of the Index Committee, S&P Dow Jones Indices, (+) 212 438 3907, [email protected]