Price correction factors for SIF2 and SIF4 shares in BET-XT-TR index starting from September 11th

9/8/2017

Bucharest Stock Exchange (BVB) announces that, starting from 11th of September 2017, the price correction factors ci,T for SIF MOLDOVA S.A. (SIF2) and SIF MUNTENIA S.A. (SIF4) which will be considered in calculating the BET-XT-TR index are 1.040293 and 1,045558, respectively.

The values of ci,T for SIF2 and SIF4 were 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.