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Zip Co Limited (ASX:ZIP)

ALERT: Price-sensitive ASX Announcement for ZIP
Current share price for ZIP : $2.360 0.665 (39.23%)+
Announcement
Release
12 Jul 2024 5:15PM
Price at Release
$1.695
Full Release
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Summary
S&P Dow Jones Indices announced that Altium Limited (XASX: ALU) will be removed from the S&P/ASX 200 Index, conditional upon court approval of its acquisition by Renesas Electronics Corporation (XTKS: 6723). Consequently, Zip Co Limited (XASX: ZIP) will replace Altium Limited in the S&P/ASX 200 Index, effective prior to the opening of trading on Monday, July 22, 2024.
Key Points
  • S&P Dow Jones Indices to remove Altium Limited from the S&P/ASX 200 Index
  • Removal subject to the final court approval of acquisition by Renesas Electronics Corporation
  • Effective date for removal is prior to the open of trading on July 22, 2024
  • Zip Co Limited will replace Altium Limited in the S&P/ASX 200 Index
  • Effective date for the replacement is prior to the open of trading on July 22, 2024
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.