STOXX Limited has announced the results of the annual review of the STOXX Select Dividend Index series and the STOXX Global Grand Prix Index; as well as the result of the semi-annual review of the STOXX TMI Growth and STOXX TMI Value indices. All changes will be effective on March 19, 2012.
Effective as of the open of European markets on 19 March, 2012, six components will be replaced in the STOXX Global Select Dividend 100 Index. The index comprises the 100 highest dividend-paying companies in the three regions of the STOXX Global 1800 Index.
In the European portion of the STOXX Global Select Dividend 100 Index, the following stocks are being added to and deleted from the index:
Additions
BAE SYSTEMS (UK, Industrial Goods & Services, BAES.L)
DRAX GRP (UK, Utilities, DRX.L)
BOUYGUES (France, Construction & Materials, BOUY.PA)
Deletions
CRH (Ireland, Construction and Materials, CRH.I)
STATOIL (Norway, Oil & Gas, STL.OL)
AMLIN (UK, Insurance, AML.L)
In the Asia/Pacific portion of the STOXX Global Select Dividend 100 Index, the following changes will take place:
Additions
SUNTEC REAL ESTATE INVESTMENT (Singapore, Real Estate, SUNT.SI)
Deletions
CHEUNG KONG INFRASTRUCTURE HOL (Hong Kong, Utilities, 1038.HK)
The following stocks are being added to and deleted from the Americas portion of the STOXX Global Select Dividend 100 Index:
Additions
RIOCAN REIT.TST. (Canada, Real Estate, REI_u.TO)
CANADIAN OIL SANDS LTD (Canada, Oil & Gas, COS.TO)
Deletions
PFIZER INC. (US, Health Care, PFE.N)
GENUINE PARTS CO. (US, Automobiles & Parts, GPC.N)
The EURO STOXX Select Dividend 30 Index measures the 30 highest dividend-paying stocks in the 12 Euro zone countries: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain. The companies that are being added to and deleted from the index are:
Additions
LUFTHANSA (Germany, Travel & Leisure, LHAG.DE)
Deletions
LAFARGE (France, Construction & Materials, LAFP.PA)
As of 29 February, 2012, the dividend yield of the reconstituted STOXX Global Select Dividend 100 Index increased to 5.04% from 4.92%. The dividend yield of the EURO STOXX Select Dividend 30 Index increased to 5.07% from previously 5.06%.
Changes in the STOXX Select Dividend Index series are being announced today after the conclusion of a regular annual component review.
The STOXX Global Grand Prix Index measures the performance of publicly traded companies globally that are supporters or supplies of Formula One teams, including engine manufacturers, tire suppliers, oil/fuel suppliers and title sponsors. Changes in the index are being announced today after the conclusion of a regular annual component review.
Effective on the open of markets on 19 March, 2012, the following companies will be added to and deleted from the STOXX Global Grand Prix Index:
Additions
PROTON HOLDINGS (Malaysia, Automobiles & Parts, PROT.KL)
Deletions
AT&T INC. (US, Telecommunications, T.N)
ALTRIA GROUP INC. (US, Personal & Household Goods, MO.N)
As of 29 February, 2012, the total free-float market capitalisation of the reconstituted STOXX Global Grand Prix Index decreased to EUR662.49 billion from EUR844.47 billion.
Changes in the STOXX Global Grand Prix Index are being announced today after the conclusion of a regular annual component review.
The STOXX Europe Style Indices include three categories: growth, value and neutral. Effective with the opening of European markets on 19 March, 2012, the number of components in the STOXX Europe TMI Growth Index will increase to 442 from previously 437 components, and the number of components in the STOXX Europe TMI Value Index will decrease to 388 from 390 components.
The three largest components measured by free-float market capitalisation that will be added to and deleted from the STOXX Europe TMI Growth Index are:
Additions
NESTLE (Switzerland, Food & Beverage, NESN.VX)
BASF (Germany, Chemicals, BASFn.DE)
DIAGEO (UK, Food & Beverage, DGE.L)
Deletions
DAIMLER (Germany, Automobiles & Parts, DAIGn.DE)
UBS (Switzerland, Banks, UBSN.VX)
TECHNIP (France, Oil & Gas, TECF.PA)
The three largest companies measured by free-float market capitalization that will be added to and deleted from the STOXX Europe TMI Value Index are:
Additions
SANOFI (France, Health Care, SASY.PA)
TESCO (UK, Retail, TSCO.L)
IMPERIAL TOBACCO GRP (UK, Personal & Household Goods, IMT.L)
Deletions
NOVARTIS (Switzerland, Health Care, NOVN.VX)
BARCLAYS (UK, Banks, BARC.L)
AXA (France, Insurance, AXAF.PA)
Reasons for component changes in STOXX Europe TMI Growth and Value indices can be the change of style characteristics of an index component from growth to value, or vice versa, as well as the addition of a component stock as the result of its initial public offering (IPO).
Changes in the STOXX Europe TMI Growth and STOXX Europe TMI Value indices, its respective large, mid- and small sub-indices as well as the respective indices for the euro zone, are being announced today after the conclusion of a regular semi-annual component review.
The adjusted component weightings, including the number of shares and free-float factors for all reviewed indices will be announced on 9 March, 2012 after the close of markets. All changes will be effective as of the open of markets on 19 March, 2012. In the case of upcoming mergers and acquisitions occurring until the final implementation date, the composition of the indices may change.
