Kinaxis Added to S&P/TSX Composite Index
Kinaxis® (TSX:KXS), provider of RapidResponse®, delivering cloud-based SCM and S&OP applications today announced that S&P Dow Jones Canadian Index Services has added Kinaxis to the S&P/TSX Composite Index as part of its quarterly review. The change will be effective after the close of trading on Friday, December 18, 2015.
“Kinaxis’ addition to the S&P/TSX Composite index is a very significant milestone for the company since going public in June 2014,” said Kinaxis CEO Doug Colbeth. "We’re pleased to have been included in the index and look forward to the increased exposure, broader range of potential investors and enhanced liquidity it provides.”