Deletions from the S&P/TSX Preferred Share Indices
TORONTO, Jan. 24, 2014 /CNW/ - S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:
Power Financial Corporation (TSX:PWF) has announced that it will redeem for $CDN25.00 cash per share all of the outstanding shares of its 6.00% First Preferred Shares, Series 'M' (TSX:PWF.PR.M) at the close on January 31, 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 Friday, January 31, 2014.
Toronto-Dominion Bank (TSX:TD) has announced that it will redeem for $CDN25.00 cash per share all of the outstanding shares of its 5.00% Non-Cumulative 5-Year Rate Reset Preferred Shares, Series AA (TSX:TD.PR.A) and its 5.60% Non-Cumulative 5-Year Rate Reset Preferred Shares, Series AC (TSX:TD.PR.C) at the close on January 31, 2014. The shares of these 2 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 Friday, January 31, 2014.
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SOURCE: S&P Dow Jones Indices
Tony North
Director, Canadian Index Operations
S&P Dow Jones Indices
[email protected]
416-507-3204
David Blitzer
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices
[email protected]
212-438-3907
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