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Price correction factor for SIF3 shares in BET-XT-TR index starting with October 5th

10/4/2017

Bucharest Stock Exchange (BVB) announces that, starting with 5th of October 2017, the price correction factor ci,T for SIF TRANSILVANIA S.A. (SIF3) which will be considered in calculating the BET-XT-TR index is 1.081800.

 

The value of ci,T for SIF3 was determined according to the 4.2.4 article of BVB index management rules:

 

4.2.4 Distribution of cash dividends

If an index constituent decides to distribute cash dividends to its shareholders, regardless of their source, the price correction factor ci,T is determined as follows:

where

Pi,T-1 : closing price of symbol i at time T-1;

Di,T : dividend payable for symbol i, for which time T is the ex-date”

For more information, please feel free to contact us at indices@bvb.ro.