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Wednesday, October 16, 2019 
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Changes to the methodologies of BET-TR and BET-XT-TR indices

3/7/2019

Bucharest Stock Exchange (BVB) informs that on March 7, 2019, the Board of Governors approved changes to the BET-TR and BET-XT-TR rules after the BVB’s Index Committee similar decision taken on March 4, 2019.

The updates create premises for an improved operational management of the total return indices regarding the applicability of the correction factors corresponding corporate events as cash dividends and other cash distributions. Thus, the correction factors applied to BET-TR and BET-XT-TR indices as result of cash dividends and other cash distributions shall be rebased at 1 at the periodical (quarterly) adjustments, in accordance with the updated article 4.2.d. of BET-TR and BET-XT-TR methodologies. The measure will apply starting with the next periodical adjustment of indices, whose date of entry into force is March 18, 2019.

For more information please contact indices@bvb.ro.