Standard & Poor’s Canadian Index Operations announced yesterday that the relative weight of Methanex Corp. will increase in several S&P/TSX indices after the close of business on Wednesday, June 4.
The relative weight will rise by approximately 0.10% in the S&P/TSX Composite and Capped Composite Indices, by 0.64% in the S&P/TSX MidCap Index, by 0.73% in the S&P/TSX Capped Materials Index and by 0.98% in the TSX 200 Index.
The changes reflect an adjustment to the float shares of the company due to the sale of shares from a control position.