Bursa de Valori Bucu

Bursa de Valori Bucuresti : 6/13/2018 - Price correction factor for IARV shares in BET-XT-TR index starting with June 14th

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06/13/2018 | 06:43 pm

Bucharest Stock Exchange(BVB) announces that, starting with 14thof June 2018, the price correction factor ci,Tfor IAR SA Brasov (IARV)which will be considered in calculating the BET-XT-TR index is 1.025877.

The value of ci,Tfor IARV 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,Tis determined as follows:


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.


Bucharest Stock Exchange published this content on 13 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 13 June 2018 16:42:05 UTC

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