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Hammond Power Solutions Inc T.HPS.A

Alternate Symbol(s):  HMDPF

Hammond Power Solutions Inc. is a Canada-based company, which enables electrification through its broad range of dry-type transformers, power quality products and related magnetics. The Company's standard and custom-designed products are essential in electrical distribution networks through an extensive range of end user applications. The Company has manufacturing plants in Canada, the United States, Mexico and India and sells its products around the globe. Its products include power transformers, furnace transformers, converter transformers, regulating transformers, multi-pulse transformers, distribution transformers, pad mounted transformers and unitized substations. Its converter transformers are used in industries such as cement and steel plants, and other related applications. It serves various industries, including renewable energy, commercial infrastructure and industrial markets. It offers a variety of transformer and reactor solutions for the solar and wind energy market.


TSX:HPS.A - Post by User

Post by Catscratchon Nov 17, 2023 12:11pm
194 Views
Post# 35741275

S&P TSX Composite Hammond Power

S&P TSX Composite Hammond Power

Looks like Hammond is getting close to the market cap where stocks get added to the S&P TSX Composite Index.  If this occurs we'll see significant buying from ETFs and closet index funds.

Here's the linke the listing requirements... I think the Class B shares are removed from the quoted market value calculation used in the eligibility criteria determination: 

https://www.spglobal.com/spdji/en/documents/methodologies/methodology-sp-tsx-canadian-indices.pdf




 

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