Spin Master Corp. will be added to the S&P/TSX Composite Index effective after close of trading on Sept. 15.
“Inclusion in the S&P/TSX Composite Index is a significant milestone in Spin Master’s history and reflects the successful execution of our growth strategies,” says Mark Segal, executive vice-president & chief financial officer of Spin Master. “Our inclusion in the index will contribute to increasing Spin Master’s visibility in the investment community and further broaden our shareholder base.”
The S&P/TSX Composite Index has provided investors with a premier indicator of market activity for Canadian equity markets since its launch in 1977. With approximately 95 percent coverage of the Canadian equities market, it is the primary gauge for Toronto Stock Exchange listed companies.