NEW
YORK, Sept. 28, 2023 /PRNewswire/ -- S&P Dow
Jones Indices will make the following changes to the S&P 500,
the S&P MidCap 400 and the S&P SmallCap 600 indices:
- Veralto Corp. (NYSE:VLTO) will be added to the S&P 500
effective prior to the open of trading on Monday, October 2, replacing DXC Technology Co.
(NYSE: DXC) which will be moved to the S&P SmallCap 600
effective prior to the open of trading on Tuesday, October 3. DXC Technologies will replace
Ebix Inc. (NASD: EBIX) in the S&P SmallCap 600 also effective
prior to the open of trading on October
3. S&P 500 &100 constituent Danaher Corp. (NYSE:DHR)
is spinning off Veralto in a transaction expected to be completed
on October 2. Following the spin-off,
the parent Danaher will remain in the S&P 500 and S&P 100.
DXC Technologies is no longer representative of the large-cap
market space. Ebix is no longer representative of the small-cap
market space.
- WK Kellogg Co. (NYSE: KLG) will be added to the S&P
SmallCap 600 replacing American Vanguard Corp. (NYSE: AVD)
effective prior to the open of trading on Tuesday, October 3. S&P 500 constituent
Kellogg Co. (NYSE: K) is spinning off WK Kellogg in a transaction
expected to be completed on October
2. Following the spin-off, the parent Kellogg will have a
name change to Kellanova and will remain in the S&P 500.
American Vanguard is no longer representative of the small-cap
market space.
- Vestis Corp. (NYSE:VSTS) will be added to the S&P MidCap
400 effective prior to the open of trading on Monday, October 2, replacing Kohl's Corp. (NYSE:
KSS) which will be moved to the S&P SmallCap 600 effective
prior to the open of trading on Tuesday,
October 3. Kohl's will replace Hawaiian Holdings Inc. (NASD:
HA) in the S&P SmallCap 600 also effective prior to the open of
trading on October 3. S&P MidCap
400 constituent Aramark (NYSE: ARMK) is spinning off Vestis in a
transaction expected to be completed on October 2. Following the spin-off, the parent
Aramark will remain in the S&P MidCap 400. Kohl's is no longer
representative of the mid-cap market space. Hawaiian Holdings is no
longer representative of the small-cap market space.
Following is a summary of the changes that will take place prior
to the open of trading on the effective date:
Effective
Date
|
Index
Name
|
Action
|
Company
Name
|
Ticker
|
GICS Sector
|
October 2,
2023
|
S&P 500
|
Addition
|
Veralto
|
VLTO
|
Industrials
|
|
S&P MidCap
400
|
Addition
|
Vestis
|
VSTS
|
Industrials
|
October 3,
2023
|
S&P 500
|
Deletion
|
DXC
Technologies
|
DXC
|
Information
Technology
|
|
S&P MidCap
400
|
Deletion
|
Kohl's
|
KSS
|
Consumer
Discretionary
|
|
S&P SmallCap
600
|
Addition
|
DXC
Technologies
|
DXC
|
Information
Technology
|
|
S&P SmallCap
600
|
Addition
|
Kohl's
|
KSS
|
Consumer
Discretionary
|
|
S&P SmallCap
600
|
Addition
|
WK Kellogg
|
KLG
|
Consumer
Staples
|
|
S&P SmallCap
600
|
Deletion
|
Ebix
|
EBIX
|
Information
Technology
|
|
S&P SmallCap
600
|
Deletion
|
American
Vanguard
|
AVD
|
Materials
|
|
S&P SmallCap
600
|
Deletion
|
Hawaiian
Holdings
|
HA
|
Industrials
|
For more information about S&P Dow Jones Indices, please
visit www.spdji.com
ABOUT S&P DOW JONES INDICES
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companies, and governments to make decisions with confidence. For
more information, visit www.spdji.com.
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content:https://www.prnewswire.com/news-releases/veralto-set-to-join-sp-500-vestis-to-join-sp-midcap-400-others-to-join-sp-smallcap-600-301942396.html
SOURCE S&P Dow Jones Indices