Standard & Poor's Canadian Index Operations announces the following index changes:
- The Non-Cumulative Class A Preferred Shares, Series 30, of Canadian Imperial Bank of Commerce (TSX:CM.PR.H) have been called for redemption at $C25.75 cash per share and will be removed from the S&P/TSX North American Preferred Stock Index and the S&P/TSX Preferred Share Index after the close of Friday, July 29, 2011.
Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company.