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Wednesday, November 22, 2017 
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Price correction factor for COTE shares in BET-TR and BET-XT-TR indices starting from November 9th

11/8/2017

Bucharest Stock Exchange (BVB) announces that, starting from 9th of November 2017, the price correction factor ci,T for CONPET S.A. (COTE) which will be considered in calculating the BET-TR and BET-XT-TR indices is 1.101027.

 

The value of ci,T for COTE was 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.