CSR Limited (ASX: $CSR) is set to be removed from the S&P/ASX 200 Index following the announcement by S&P Dow Jones Indices. The removal is subject to shareholder and final court approval of the scheme of arrangement, as CSR Limited is to be acquired by Compagnie de Saint-Gobain. The effective date for the removal is prior to the open of trading on Thursday, June 20, 2024. Judo Capital Holdings Limited (ASX: $JDO) will replace CSR Limited in the S&P/ASX 200 Index on the same date.
We are aware of the decision by S&P Dow Jones Indices to remove CSR Limited from the S&P/ASX 200 Index. This action is part of the process related to the scheme of arrangement for our acquisition by Compagnie de Saint-Gobain. We will continue to work diligently to ensure a smooth transition and provide value to our shareholders throughout this period.
The announcement by S&P Dow Jones Indices regarding the removal of CSR Limited from the S&P/ASX 200 Index is a result of the company's acquisition by Compagnie de Saint-Gobain. The effective date for the removal is prior to the open of trading on Thursday, June 20, 2024, subject to shareholder and final court approval of the scheme of arrangement. Judo Capital Holdings Limited will replace CSR Limited in the index on the same date. CSR Limited is committed to ensuring a seamless transition and delivering value to its shareholders during this period of change.