TSX composite index changes to drive $200M to RB Global

Eli Rodney
June 9, 2025
RB Global Inc.

Friday after the close we got some highly anticipated updates to the TSX index:

Company

Treatment

RB Global (RBA)

Added

Algoma Steel (ASTL)

Deleted

Precision Drilling (PD)

Deleted

Tilray Brands (TLRY)

Deleted

Spin Master (TOY)

Deleted

We’d expect RBA shares to have support ahead of the index inclusion on June 23rd , in anticipation of passive fund flows - here’s the napkin math on magnitude:

That’s ~$200M of indiscriminate buying, and active capital now knows it’s coming.

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Disclaimer: Bullpen Finance Inc. is not a registered investment advisor. The information provided is for educational purposes only and should not be considered investment advice. See our terms of service for more information.

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