Standard and Poor's Canadian Index Operations announced this addition on September 12, 2014, following results of their annual review of the S&P/TSX SmallCap Index.
"The addition of Clearwater Seafoods to the S&P/TSX SmallCap Index is important recognition of our progress over the past number of years in growing our market capitalization and the liquidity in our shares. We expect that our inclusion in this index will continue to drive investor interest in Clearwater," said Ian Smith, CEO.
The S&P/TSX SmallCap Index provides an investable index for the Canadian small cap market. The index is float adjusted and market cap weighted and was developed with industry input as the ideal benchmark for those with small cap exposure of the Canadian equity market. The Toronto Stock Exchange (TSX) serves as the distributor of both real-time and historical data for this index.
