TORONTO, Nov. 26 /CNW/ -- Standard & Poor's Canadian Index Operations announces the following index changes:
- The shareholders of EnCana Corporation (TSX:ECA) have approved the
division of the company into two separate listed companies. EnCana
will go forward as a natural gas company, trading under the same
ticker symbol and it will remain a constituent of all the same
indices in which it exists currently. Cenovus Energy Inc. (TSX:CVE),
a newly-listed integrated oil company, will be added to all the same
indices where EnCana is currently a constituent. Groupe Aeroplan Inc.
(TSX:AER) will be removed from the S&P/TSX 60, 60 Capped and Equity
60 indices and placed in the S&P/TSX Completion and Equity Completion
indices. It is anticipated that these transactions will be effective
after the close of trading on Wednesday, December 2, 2009.
Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company.
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