Shell plcAcquiring ARC Resources expands Shell's asset base and production, likely accretive to earnings.

S&P Dow Jones Indices announced that ARC Resources Ltd. will be removed from the S&P/TSX Composite Index prior to the open of trading on September 2, 2026, following the completion of its merger with Shell PLC. Under the terms of the all-cash-and-stock deal, each ARC Resources share will be exchanged for 0.40247 new Shell PLC shares and $8.20 CAD in cash. The transaction has received all necessary shareholder and regulatory approvals and is expected to close on September 2, 2026, subject to customary conditions, with ARC Resources shares expected to delist shortly thereafter.
Shell plcAcquiring ARC Resources expands Shell's asset base and production, likely accretive to earnings.
Accelerant Holdings
S&P Global IncRemoval from the index and delisting following merger reduces visibility and may trigger forced selling by index funds.