TORONTO, April 23, 2012 /CNW/ - Standard & Poor's will make the following changes in the S&P/TSX Canadian Indices:
The Canadian Imperial Bank of Commerce (TSX:CM) has announced that it will redeem for $CDN26.00 cash per share all of the outstanding shares of its Non-Cumulative Class A Preferred Shares, Series 32 (TSX:CM.PR.J) at the close on April 30, 2012. The shares of this issue will be removed from the S&P/TSX Preferred Share Index and the S&P/TSX North American Preferred Stock Index after the close of trading on Monday, April 30, 2012.
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