A string of media and advertising companies have been removed from a key ASX index.
In a quarterly rebalance of the S&P/ASX 300 Index, Seven West Media, WPP AUNZ and Ht&E will go from June 22.
The index consists of S&P/ASX 200 companies plus 100 smaller-cap companies. Companies are selected for inclusion, or exclusion, on a range of critera includig market capitalisation.
WPP AUNZ is today showing a market capitalisation of $268.4 million, Seven West Media $238.4 million and Ht&E (owner of ARN) $344.2 million.
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