As a result, effective after the close of trading on Wednesday, May 29, 2002, Clarica Life Insurance Company will be removed from the S&P/TSX Composite, S&P/TSX Capped Composite, S&P/TSX MidCap, TSX 100 and the S&P/TSX Canadian Financials Indices. Clarica Life Insurance Company will be replaced in the TSX 100 Index by Agnico-Eagle Mines Ltd. (TSX:AGE) and in the S&P/TSX Canadian MidCap Index by Ultra Petroleum Corporation (TSX:UP). Agnico-Eagle Mines Ltd. is a gold producing company and is involved in the acquisition, exploration and development of precious metals properties. Ultra Petroleum is an oil and gas exploration and development company.
Shareholders of Clarica Life Insurance Company will receive shares of SunLife Financial Services of Canada. As a result, the float shares of SunLife Financial Services of Canada Inc. will be adjusted in the S&P/TSX Composite, S&P/TSX Capped Composite, S&P/TSX 60, S&P/TSX 60 Capped, TSX 100, S&P Global 1200 and S&P/TSX Canadian Financials Sector Indices to reflect the acquisition of Clarica Life Insurance Company.
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