It is now official, as we reported on September 2nd, OceanaGold is to be included in the S&P/TSX Composite Index.
OceanaGold is not only being added to the S&P/ASX 200 index after the close on September 17, the company is also joining the S&P/TSX Composite Index. This is great news and significant when getting a valuation more in line with peers.
Executive Chairman, Jim Askew commented, “We are very pleased to be included in these three additional S&P indixes. In particular, the addition to the TSX Composite and ASX 200 indexes which are the key benchmarks for the Toronto and Australian Stock Exchanges will assist in further broadening our shareholder base and increasing share liquidity”.