S&P Dow Jones Indices Announces Changes to the S&P/TSX Composite Index

11/6/24 5:15:00 PM ET

Beverages (Production/Distribution)

Consumer Staples

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TORONTO, Nov. 6, 2024 /CNW/ - BlueTriton Brands, Inc. and Primo Water Corp (TSX:PRMW) (NYSE:PRMW) are combining in a merger of equals under a new brand with a name Primo Brands Corp (NYSE:PRMB). Current PRMW shareholders will receive 1 new share of PRMB for every share held. The transaction is expected to close November 11. SPDJI considers the new Primo Brands to be US domiciled. Primo Water Corp shares are expected to be delisted shortly after closing of the transaction. As a result, Primo Water Corp shares will be removed from the S&P/TSX Composite Index prior to the open of trading on Monday, November 11, 2024.

For more information about S&P Dow Jones Indices, please visit www.spdji.com

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500^® and the Dow Jones Industrial Average^®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has become home to over 1,000,000 indices across the spectrum of asset classes that have helped define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE:SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.

SOURCE S&P Dow Jones Indices LLC.

View original content: http://www.newswire.ca/en/releases/archive/November2024/06/c1696.html

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Company	Date	Price Target	Rating	Analyst
S&P Global Inc. $SPGI	10/1/2025	$540.00	Buy	Seaport Research Partners
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S&P Global Inc. $SPGI	3/12/2025	$599.00	Outperform	Mizuho
S&P Global Inc. $SPGI	12/20/2024	$600.00	Buy	Citigroup
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