SECURE Waste Infrastructure to Be Removed from S&P/TSX Composite Index
S&P Dow Jones Indices has announced that SECURE Waste Infrastructure (SES) will be removed from the S&P/TSX Composite Index ahead of market open on September 4, 2026. This follows its merger with GFL Environmental under which each share of SECURE will convert to C$4.95 in cash. The removal reflects a standard practice by index providers when companies undergo significant structural changes such as mergers or acquisitions. The deal is expected to streamline operations and create value for shareholders through the combined entity's enhanced market position.
Topics: mergers and acquisitions SEC filings stock index changes