An Index Share Update for Fortis Inc. (TSX:FTS)
TORONTO, Oct. 13, 2016 /CNW/ - S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:
Fortis Inc. (TSX:FTS) has completed a plan of merger with ITC Holdings Corp. (NYSE:ITC). To reflect the issuance of common shares as part of the transaction, the relative weight of Fortis will increase in the S&P/TSX Composite and Capped Composite, the S&P/TSX 60, 60 Capped and 60 ESG, the S&P/TSX Capped Utilities, the S&P/TSX Composite Dividend, the S&P/TSX 60 Carbon Efficient, the S&P/TSX 60 Fossil Fuel Free, the S&P/TSX 60 Fossil Fuel Free Carbon Efficient and the S&P/TSX 60 Fossil Fuel Free Carbon Efficient Select Indices after the close of trading on Thursday, October 20, 2016. There will be no change to the relative weight of Fortis in the S&P/TSX Composite Equal Weight, the S&P/TSX 60 Equal Weight, the S&P/TSX Canadian Dividend Aristocrats, the S&P/TSX Composite Low Volatility or the S&P/TSX 60 Carbon Efficient Select Indices.
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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]