.jpg)
- TDC A/S (ADR) (Denmark, NYSE: TLD, CUSIP: 87236N102, Sedol 2883094) will be excluded from the S&P ADR Indices following the acquisition of a controlling stake by the Nordic Telephone Company APS in a cash deal, which will significantly reduce the available market cap.
- Coles Myer Ltd. (ADR) (Australia, NYSE: CM, CUSIP: 193870409, Sedol 2209151) will be excluded from the S&P ADR Indices. The company has announced the termination of its sponsored ADR facility and the voluntary delisting of its stock from the New York Stock Exchange.
- Placer Dome Inc. (US) (Canada, NYSE: PDG, CUSIP: 725906101, Sedol: 2691725) will be excluded from the S&P ADR Indices. The shareholders of Placer Dome Inc. have accepted the buyout offer from Barrick Gold Corporation.
- Barrick Gold Corp. (US) (Canada, NYSE: ABX, CUSIP: 067901108, Sedol: 2024677) shares will increase to 797,223,532 from 537,223,532. The share increase reflects the acquisition of Placer Dome.
- Ipsco Inc. (US) (Canada, NYSE: IPS, CUSIP 462622101, Sedol: 2144359) will be added to the S&P ADR Indices to correspond to its inclusion into the S&P Global 1200 Index.
- Pioneer Electric Corp. (ADR) (Japan, NYSE: PIO, CUSIP: 723646105, Sedol: 2688880) will be excluded from the S&P ADR Indices. On Friday, January 20, 2005, the company announced its intention to terminate its ADR program.
Following is a summary of the announced changes:
|
S&P
ADR Index – Tuesday, January 24, 2006 |
|||
|
|
COMPANY |
GICS
ECONOMIC SECTOR |
GICS
SUB-INDUSTRY |
|
ADDED |
Ipsco
Inc. (US) |
Materials |
Steel |
|
REMOVED |
TDC
A/S (ADR) |
Telecommunication
Services |
Integrated
Telecommunication Services |
|
REMOVED |
Coles
Myer Ltd. (ADR) |
Consumer
Staples |
HyperMarkets
& Super Centers |
|
REMOVED |
Placer
Dome Inc. (US) |
Materials |
Gold |
|
REMOVED |
Pioneer
Elec. Corp. (ADR) |
Consumer
Discretionary |
Consumer
Electronics |
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.
About Standard & Poor's
Standard & Poor's, a division of The McGraw-Hill Companies (NYSE:MHP), is the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research and data. With approximately 6,300 employees located in 20 countries and markets, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com.
