MISSISSAUGA, ONT.—Bird Construction Inc. has been recognized as a 2024 TSX30 winner by the Toronto Stock Exchange and has been named among the top 30 companies on the TSX this year.
On Sept. 6, an announcement by S&P/Dow Jones Indices said Bird’s common shares will be added to the S&P/TSX Composite Index effective prior to the market open on Monday, Sept. 23.
The TSX30 is an annual ranking of the 30 top-performing companies on TSX based on dividend-adjusted share price performance over a three-year period. Bird’s seventh place ranking on the TSX30 reflects a 245 per cent increase in dividend-adjusted share price performance and a 209 per cent increase in market capitalization over the three-year period, states a release.
The S&P/TSX Composite Index is maintained by S&P Dow Jones Indices, a division of S&P Global. The S&P/TSX Composite Index is the headline index for Canada and the principal benchmark for Canadian equity markets, represented by the largest, most liquid companies, states the release.
Inclusion on the Index will enhance the visibility of the company and increase its reach across a broader investor base.
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