U.S. markets close in 3 hours 23 minutes
  • S&P 500

    3,892.44
    -9.38 (-0.24%)
     
  • Dow 30

    31,548.29
    +12.78 (+0.04%)
     
  • Nasdaq

    13,478.36
    -110.47 (-0.81%)
     
  • Russell 2000

    2,245.74
    -29.58 (-1.30%)
     
  • Crude Oil

    60.94
    +0.30 (+0.49%)
     
  • Gold

    1,733.90
    +10.90 (+0.63%)
     
  • Silver

    26.76
    +0.08 (+0.31%)
     
  • EUR/USD

    1.2085
    +0.0025 (+0.21%)
     
  • 10-Yr Bond

    1.4100
    -0.0360 (-2.49%)
     
  • GBP/USD

    1.3969
    +0.0049 (+0.35%)
     
  • USD/JPY

    106.7280
    -0.0020 (-0.00%)
     
  • BTC-USD

    47,769.12
    -1,260.01 (-2.57%)
     
  • CMC Crypto 200

    957.64
    -29.01 (-2.94%)
     
  • FTSE 100

    6,613.75
    +25.22 (+0.38%)
     
  • Nikkei 225

    29,408.17
    -255.33 (-0.86%)
     

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

  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
  • Oops!
    Something went wrong.
    Please try again later.

TORONTO, Jan. 27, 2021 /CNW/ - S&P Dow Jones Indices announces the following changes to the S&P/TSX Composite Index:

The shareholders of West Fraser Timber Co. Ltd. (TSX: WFT) and Norbord Inc. (TSX: OSB) have agreed to the terms of a Plan of Arrangement resulting in the combination of the two companies. Each share of Norbord will be exchanged for 0.675 shares of West Fraser Timber. Norbord will be removed from the S&P/TSX Composite Index prior to the open of trading on February 3, 2021. The shares outstanding and IWF of West Fraser Timber will be updated at the same time to reflect the issuance of shares.

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 products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has become home to over 1,000,000 indices across the spectrum of asset classes that have helped define 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 LLC.

Cision
Cision

View original content: http://www.newswire.ca/en/releases/archive/January2021/27/c4112.html