A Share Update in the S&P/TSX Composite
Index
TORONTO, Aug. 4, 2016 /CNW/ - S&P Dow Jones Canadian
Index Services will make the following changes in the S&P/TSX
Canadian Indices:
Emera Incorporated (TSX:EMA) has completed the acquisition of
TECO Energy, Inc. (NYSE:TE). TECO Energy shareholders will receive
$US27.55 cash per share held. To
reflect the issuance of common shares of Emera as part of the
financing of the transaction, the relative weight of Emera will
increase in the S&P/TSX Composite and Capped Composite, the
S&P/TSX 60 and 60 Capped, the S&P/TSX 60 Fossil Fuel Free,
the S&P/TSX Composite Dividend, the S&P/TSX Composite High
Dividend and the S&P/TSX Capped Utilities Indices. There will
be no change to the relative weight for Emera in the S&P/TSX
Composite Equal Weight, the S&P/TSX Canadian Dividend
Aristocrats, the S&P/TSX 60 Equal Weight or the S&P/TSX
Composite Low Volatility Indices. These changes will be effective
after the close of trading on Thursday,
August 11, 2016.
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iconic financial market indicators, such as the S&P 500® and
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(NYSE: SPGI), which provides essential intelligence for
individuals, companies, and governments to make decisions with
confidence. For more information, visit
www.spdji.com.
SOURCE S&P Dow Jones Indices