Bankruptcy | CONNS INC | 1st August 2024
On July 23, 2024, CONNS INC announced it had filed for Chapter 11 bankruptcy protection. CONNS INC will be removed from the indices effective August 1, 2024, based on its last close price. Please note, the final removal price will depend on the stock trading status. If it is not trading on the primary stock exchange or any alternative eligible exchange, then the removal price will be zero.
The treatment below will be applied to the following indices:
- CONNS INC will be removed from the Index.
- The weight of CONNS INC (CONN.OQ) based on its last close price will be distributed pro rata to remaining Index constituents.
- Effective Date (open): 01/08/2024
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