S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices

CNW Group

A Deletion and Replacement in the S&P/TSX 60 Index

TORONTO , March 25, 2014 /CNW/ - S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:

Shoppers Drug Mart Corporation (SC.TO) has announced the receipt of all regulatory, shareholder and court approvals for its transaction with Loblaw Companies Limited (TSX:L). The shares of Shoppers Drug Mart will be acquired by Loblaw Companies in exchange for a combination of cash and shares. The shares of Shoppers Drug Mart will be removed from the S&P/TSX Composite, Capped Composite and Composite Equal Weight, the S&P/TSX 60, 60 Capped, 60 130/30 and 60 Equal Weight, the S&P/TSX Capped Consumer Staples, the S&P/TSX Composite Dividend and the S&P/TSX Canadian Dividend Aristocrats Indices after the close of trading on Monday, March 31, 2014 . Pembina Pipeline Corporation (PPL.TO) will be removed from the S&P/TSX Completion Index and added to the S&P/TSX 60, 60 Capped, 60 Equal Weight and the S&P/TSX Equal Weight Oil & Gas Indices. Pembina Pipeline will not be added to the S&P/TSX 60 130/30 Index at this time. The relative weight of Loblaw Companies will be increased in the S&P/TSX Composite and Capped Composite, the S&P/TSX 60 and 60 Capped, the S&P/TSX Capped Consumer Staples and the S&P/TSX Composite Dividend Indices to reflect the issuance of new shares as part of the transaction. There will be no relative weight change at this time for Loblaw Companies in the S&P/TSX Composite Equal Weight, the S&P/TSX 60 Equal Weight or the S&P/TSX 60 130/30 Indices.

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S&P Dow Jones Indices LLC, a part of McGraw Hill Financial, is the world's largest, global resource for index-based concepts, data and research. Home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average™, S&P Dow Jones Indices LLC has over 115 years of experience constructing innovative and transparent solutions that fulfill the needs of investors. More assets are invested in products based upon our indices than any other provider in the world. With over 1,000,000 indices covering a wide range of asset classes across the globe, S&P Dow Jones Indices LLC defines the way investors measure and trade the markets. To learn more about our company, please visit www.spdji.com.

Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC, a part of McGraw Hill Financial. Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones").  These trademarks have been licensed to S&P Dow Jones Indices LLC. It is not possible to invest directly in an index. S&P Dow Jones Indices LLC, Dow Jones, S&P and their respective affiliates (collectively "S&P Dow Jones Indices") do not sponsor, endorse, sell, or promote any investment fund or other investment vehicle that is offered by third parties and that seeks to provide an investment return based on the performance of any index. This document does not constitute an offer of services in jurisdictions where S&P Dow Jones Indices does not have the necessary licenses. S&P Dow Jones Indices receives compensation in connection with licensing its indices to third parties.

SOURCE S&P Dow Jones Indices


Tony North
Director, Canadian Index Operations
S&P Dow Jones Indices
(+) 416 507 3204

David Blitzer
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices
(+) 212 438 3907

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