Redemptions in the S&P/TSX Preferred Share
Index
TORONTO, March 24, 2017 /CNW/ - S&P Dow Jones Indices
Canadian Index Services will make the following changes in the
S&P/TSX Canadian Indices:
Brookfield Office Properties Inc. has announced that it will
redeem for $CDN25.00 cash per share
all of its outstanding Class AAA Preference Shares, Series K
(TSX:BPO.PR.K) on Friday, March 31,
2017. The preference shares will be removed from the
S&P/TSX Preferred Share Index and the S&P/TSX North
American Preferred Stock Index effective prior to the open of
trading on Monday, April 3, 2017.
At the same time, the company will redeem 4,760,750 shares of
its outstanding Class AAA Preference Shares, Series J
(TSX:BPO.PR.J) for the same amount of $CDN25.00 cash per share. The number of shares
remaining in the S&P/TSX Preferred Share Index and the
S&P/TSX North American Preferred Stock Index will be 2,831,693
shares following this partial mandatory redemption.
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