A Deletion from S&P/TSX Preferred Share Indices
TORONTO, Jan. 23, 2015 /CNW/ - S&P Dow Jones 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 27 (TSX:CM.PR.E) at the close on Friday, January 30, 2015. The shares of this issue will be removed from the S&P/TSX Preferred Share and the S&P/TSX North American Preferred Stock Indices after the close of trading on Friday, January 30, 2015.
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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]