The relative weight of Shoppers Drug Mart Corporation (TSX: SC) will increase by approximately 0.11% in the S&P/TSX Composite and Capped Composite Indices, by 0.70% in the S&P/TSX MidCap Index, by 2.31% in the S&P/TSX Capped Consumer Staples Index and by 0.12% in the TSX 100 Index. The relative weight change reflects an adjustment to the float shares of the company due to the sale of a portion of shares from a control position.
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.
Standard & Poor's is a leader in providing highly valued financial data, analytical research and investment and credit opinions to the global capital markets. Among the company's many products are the S&P Global 1200, the first real-time, global equity index, the S&P 500, the premier U.S. portfolio index, and credit ratings on more than 220,000 securities and funds. With 5,000 employees located in 19 countries, Standard & Poor's is an integral part of the world's financial architecture. Additional information is available at www.standardandpoors.com.
Founded in 1888, The McGraw-Hill Companies is a global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, BusinessWeek and McGraw-Hill Education. The Corporation has more than 320 offices in 34 countries. Sales in 2002 were $4.8 billion. Additional information is available at www.mcgraw-hill.com.
