A Deletion from the S&P/TSX Composite Index
TORONTO, Oct. 2, 2017 /CNW/ - S&P Dow Jones Indices Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:
Pembina Pipeline Corporation (TSX:PPL) has completed the acquisition of Veresen Inc. (TSX:VSN). To reflect the issuance of common shares as part of the transaction, the relative weight of Pembina Pipeline will increase in the S&P/TSX Composite and Capped Composite, the S&P/TSX 60, 60 Capped and 60 ESG Factor Weighted, 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, the S&P/TSX Composite High Dividend and the S&P/TSX High Income Energy Indices prior to the open of trading on Wednesday, October 4, 2017. There will be no change to the relative weight of Pembina Pipeline 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 60 Carbon Efficient Select, the S&P/TSX 60 Fossil Fuel Free Carbon Efficient Select or the S&P/TSX Equal Weight Oil & Gas Indices.
Veresen Inc. will be removed from the S&P/TSX Composite, Capped Composite and Composite Equal Weight, the S&P/TSX Completion, the S&P/TSX Composite Dividend, the S&P/TSX Composite High Dividend and the S&P/TSX High Income Energy Indices at the same time as the above share update of Pembina Pipeline Corporation.
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SOURCE S&P Dow Jones Indices LLC.
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]
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