Following the official result of the takeover bid by the Canadian company Alcan for the French company Pechiney (Euronext 100), Pechiney will be removed from the Euronext 100 index effective Monday 15 December 2003.
In accordance with the rules of the Euronext 100 index the removed company will not be replaced immediately, but at the next quarterly review (effective 2 January 2004). As of Monday 15 December 2003, the Euronext 100 index will consist of 98 companies.
Information/Isin code
Information about Pechiney
Isin code: FR0000132904
Mkt cap: 4,098 million Euro
Shares: 83 379 618
Index: removed from Euronext 100 index effective Monday 15 December 2003
The Euronext 100 Index and Next 150 Index have been published since 2 October 2000. They are made up of the 250 securities with the highest market capitalisations traded on the official markets of Euronext. In order to be included in the indices the securities must meet liquidity criteria that are specified in the rules of the indices. Euronext Indices B.V. is the compiler of the indices under the supervision of the independent Euronext Indices Steering Committee.
