U.S. Markets close in 4 hrs 15 mins

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

A Deletion from the S&P/TSX Global Mining Index

TORONTO , April 25, 2017 /CNW/ - S&P Dow Jones Indices Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:  

The shareholders of Stillwater Mining Company (SWC) have accepted the $US18.00 cash per share takeover offer from Sibanye Gold Limited (SBGL). The shares of Stillwater Mining will be removed from the S&P/TSX Global Mining Index prior to the open of trading on Friday, April 28, 2017 . The stock will be removed at the lesser of $US18.00 or the last traded price of Stillwater on NYSE.

For more information about S&P Dow Jones Indices, please visit www.spdji.com

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 (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 LLC.


View original content: http://www.newswire.ca/en/releases/archive/April2017/25/c4572.html