Cascades Added to S&P/TSX Composite Index
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Cascades Inc., Kingsey Falls, Que., Canada, this week announced that S&P Dow Jones Indices LLC has confirmed that Cascades will be added to the S&P/TSX Composite Index, effective next Monday, June 19, 2017. Cascades also will be added to the SP/TSX Composite Dividend Index.
Mario Plourde, president and CEO, said that "our addition to this leading Canadian equity benchmark index is positive recognition of the steps we have taken in recent years to strengthen our platform, to deliver long-term operational and financial improvements, and to provide our partners, investors, clients, and employees with measurable and sustainable added value."
Founded in 1964, Cascades produces, converts, and markets packaging and tissue products that are composed mainly of recycled fibers. The company has 11,000 employees who work in close to 90 production units located in North America and Europe.
