S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
Nov 08, 2017, 17:15 ET
A Deletion from the S&P/TSX Preferred Share Index
TORONTO, Nov. 8, 2017 /CNW/ - S&P Dow Jones Indices Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:
National Bank of Canada has announced that it will redeem for $CDN25.00 cash (plus accrued and unpaid dividends) per share all of its outstanding Series 28 First Preferred Shares (TSX:NA.PR.Q) on Wednesday, November 15, 2017. The preferred shares will be removed from the S&P/TSX Preferred Share Index and the S&P/TSX North American Preferred Stock Index effective prior to the open of trading on Thursday, November 16, 2017.
For more information about S&P Dow Jones Indices, please visit www.spdji.com
ABOUT S&P DOW JONES INDICES
S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has become home to over 1,000,000 indices across the spectrum of asset classes that have helped define the way investors measure and trade the markets.
S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.
SOURCE S&P Dow Jones Indices LLC.
For further information: S&P Dow Jones Indices, [email protected], Tony North, Director, Canadian Index Operations, Toronto, Ontario, (+1) 416 507 3204, [email protected]; David Blitzer, Managing Director and Chairman of the Index Committee, New York, USA, (+1) 212 438 3907, [email protected]
Share this article