A Share Issuance from TransCanada Corporation Inc. (TSX:TRP) – Index Weight Changes

TORONTO, July 4, 2016 /CNW/ - S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:

TransCanada Corporation (TSX:TRP) has completed the acquisition of Columbia Pipeline Group Inc. (NYSE:CPGX). Columbia Pipeline shareholders will receive $US25.50 cash per share held. To reflect the issuance of common shares of TransCanada as part of the financing of the transaction, the relative weight of TransCanada will increase in the S&P/TSX Composite and Capped Composite, the S&P/TSX 60, 60 Capped and 60 ESG, the S&P/TSX 60 Carbon Efficient, the S&P/TSX Composite Dividend, the S&P/TSX Composite High Dividend, the S&P/TSX 60 Fossil Fuel Free, the S&P/TSX 60 Fossil Fuel Free Carbon Efficient and the S&P/TSX High Income Energy Indices. There will be no change to the relative weight for TransCanada 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 Equal Weight Oil & Gas Indices. These changes will be effective after the close of trading on Monday, July 11, 2016.

About S&P Dow Jones Indices

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than based on any other provider in the world. With over 1,000,000 indices and more than 120 years of experience constructing innovative and transparent solutions, S&P Dow Jones Indices defines the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (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

Copyright 2016 Canada NewsWire

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