Delisting | PRE 4 7/8 PERP | 22nd July 2024
On July 1, 2024, PRE 4 7/8 PERP announced its intention to voluntarily delist its 4.875% Series J Fixed Rate Non-Cumulative Preferred Shares from the New York Stock Exchange. The last trading day of the preferred shares on the NYSE will be on or about July 19,2024. The delisting is expected to be completed on July 22, 2024.
The treatment below will be applied to the following indices:
- PRE 4 7/8 PERP will be removed from the Index.
- The weight of PRE 4 7/8 PERP (PRE_pj.N) based on its last close price will be distributed pro rata to remaining Index constituents.
- Effective Date (open): 22/07/2024
Solactive US Preferred Share Select 2 Index (NTR)
Solactive US Preferred Share Select Index (NTR)