S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:
Bank of Montreal (TSX:BMO) has announced that it will redeem for $CDN25.00 cash per share all of the outstanding shares of its Non-Cumulative 5-Year Rate Reset Class B Preferred Shares Series 18 (TSX:BMO.PR.N) at the close on February 25, 2014. The shares of this issue will be removed from the S&P/TSX Preferred Share, the S&P/TSX Preferred Share Laddered and the S&P/TSX North American Preferred Stock Indices after the close of trading on Tuesday, February 25, 2014.