TORONTO, Oct. 27, 2015 /CNW/ – S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:
Royal Bank of Canada (TSX:RY) is expected to complete the merger with City National Corporation (NYSE: CYN) on November 2, 2015. To reflect the issuance of common shares as part of the transaction, the relative weight of Royal Bank will increase in the S&P/TSX Composite and Capped Composite, the S&P/TSX 60, 60 ESG and 60 Capped, the S&P/TSX Capped Financials, the S&P/TSX 60 Fossil Fuel Free and the S&P/TSX Composite Dividend Index after the close of trading on Friday, October 30, 2015. There will be no relative weight change for Royal Bank in the S&P/TSX Composite Equal Weight, the S&P/TSX 60 Equal Weight, the S&P/TSX Equal Weight Diversified Banks, the S&P/TSX Composite Low Volatility, the S&P/TSX 60 Carbon Efficient, the S&P/TSX 60 Carbon Efficient Select or the S&P/TSX Composite Buyback Indices as a result of this share issuance.
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