A Share Issuance from an S&P/TSX Composite Index Constituent
TORONTO, Oct. 28, 2014 /CNW/ - S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:
Fortis Inc. (TSX:FTS) has announced the conversion of outstanding convertible debentures to common shares. To reflect the issuance of Fortis common shares as part of the conversion, the relative weight of Fortis will increase in the S&P/TSX Composite and Capped Composite, the S&P/TSX 60, 60 ESG and 60 Capped, the S&P/TSX Capped Utilities and the S&P/TSX Composite Dividend Indices after the close of trading on Tuesday, November 4, 2014. There will be no relative weight change for Fortis 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 Composite High Dividend, the S&P/TSX Composite Low Volatility, the S&P/TSX Composite Buyback or the S&P/TSX Composite Shareholder Yield Indices as a result of this share issuance.
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SOURCE S&P Dow Jones Indices
Tony North, Director, Canadian Index Operations, S&P Dow Jones Indices, (+) 416 507 3204, tony.north@spdji.com; David Blitzer, Managing Director and Chairman of the Index Committee, S&P Dow Jones Indices, (+) 212 438 3907, david.blitzer@spdji.comCopyright CNW Group 2014