IDP Education Limited has been removed from the S&P/ASX 200 Index effective prior to the open of trading on Monday, June 22, 2026, according to the S&P Dow Jones Indices June quarterly rebalance announcement released on June 5, 2026. The removal marks a significant development in the composition of Australia’s most widely tracked share price index and carries material implications for both the company and its shareholders.
Index inclusions and exclusions are driven by specific methodology criteria set by the index provider, typically relating to market capitalization, liquidity, and free float considerations. When a company is removed from a major benchmark index like the ASX 200, it creates several important consequences for shareholders. Passive funds and exchange traded funds that track the ASX 200 will need to rebalance their holdings by selling their IDP Education positions, potentially creating downward pressure on the stock price around the implementation date. The removal also reduces the company’s visibility and inclusion in numerous financial products and investment strategies that benchmark against the ASX 200, from institutional managed funds to retail investment vehicles.
The June 2026 quarterly rebalance involved multiple changes across the S&P/ASX indices. Beyond IDP Education’s removal from the ASX 200, the rebalance saw five companies added to the index, including Elevra Lithium Limited, Electro Optic Systems Holdings Limited, FireFly Metals Limited, Kingsgate Consolidated Limited, and Minerals 260 Limited. Five other companies were removed alongside IDP Education, namely Guzman Y Gomez Limited, SiteMinder Limited, Temple and Webster Group Limited, and WEB Travel Group Limited. Separately, the S&P/ASX 50 Index saw ALS Limited added and Pro Medicus Limited removed, while the S&P/ASX 100 Index welcomed Paladin Energy Limited and removed Metcash Limited. The S&P/ASX 20 Index remained unchanged.
The specialist S&P/ASX All Technology Index experienced three removals during the rebalance. Acusensus Limited, EROAD Limited, and FINEOS Corporation Holdings PLC were removed from the index, indicating a shift in which technology stocks are regarded as core constituents by S&P Dow Jones Indices.
For IDP Education shareholders, the key date to monitor is June 22, 2026, when the changes become effective. Investors should be aware that index-tracking funds and passive strategies will likely initiate sell orders on or ahead of this date, and the resultant volume of trading could influence share price movement. Conversely, investors who believe IDP Education has been unjustly removed or that current market conditions do not reflect its underlying fundamentals may view this as an opportunity to accumulate. Detailed proforma files showing all constituent changes will be available from S&P Dow Jones Indices to client SFTP accounts after market close on June 5, 2026, with further updates for capped and equal weighted indices available by June 12, 2026.
This announcement regarding IDP Education Limited’s removal from the S&P/ASX 200 Index is price sensitive and has been flagged as material by the Australian Securities Exchange.
View the full ASX announcement (PDF)
About IDP Education Limited (ASX: IEL)
IDP Education Limited is an international education services company that specializes in placing students into higher education institutions across Australia, the UK, the United States, Canada, New Zealand, and Ireland. The company provides student counselling, application processing, English language testing administration (particularly the International English Language Testing System), and online student recruitment. It operates as a key facilitator connecting students seeking international education opportunities with educational institutions globally.
If you would like to discuss this announcement or how it might affect your portfolio, request a callback or call us on 1300 889 603.
