Tower Limited (ASX:TWR) is set to be included in the NZX 50 Portfolio Index and the MidCap Index from 22 October 2024. This inclusion is a significant milestone, reflecting the company's growth and market position. The announcement was made following a statement by S&P Dow Jones Indices.
Tower Limited's addition to the NZX 50 Portfolio Index and MidCap Index marks a pivotal moment in the company's journey, indicating its growing presence and strength in the market. The company, incorporated in New Zealand, has seen significant growth, which is now recognized by its inclusion in these indices. The effective date for this inclusion is 22 October 2024. This milestone aligns with Tower's ambitions to strengthen its market position and potentially attract more investors. The announcement, authorized by CEO Blair Turnbull, underscores the importance and strategic significance of this development for Tower Limited.
Tower Limited is proud to be included in the NZX 50 Portfolio Index and MidCap Index. This reflects our growth and strong market position.