NEW YORK, May 28, 2019 /PRNewswire/ -- S&P Dow
Jones Indices ("S&P DJI") will make the following changes to
the S&P 500, S&P 100, S&P MidCap 400 and S&P
SmallCap 600:
- Corteva Inc. (NYSE: CTVA) will be added to the S&P 500
prior to the open of trading on Monday, June
3. Corteva will replace Fluor Corp. (NYSE: FLR), which will
be removed from the S&P 500 effective prior to the open of
trading on Tuesday, June 4. Also
effective prior to the open of trading on June 4, Fluor will replace Realogy Holdings Corp.
(NYSE: RLGY) in the S&P MidCap 400, and Realogy will replace
Pioneer Energy Services Corp. (NYSE: PES) in the S&P SmallCap
600. S&P 500 and 100 constituent DowDuPont Inc. (NYSE: DWDP) is
spinning off Corteva in a transaction expected to be completed on
June 3. Post spin-off, DowDuPont will
remain in the S&P 500 & 100 indices. It will change its
name to DuPont de Nemours Inc. and its ticker symbol to DD. Fluor
has a market capitalization more representative of the mid-cap
market space, and Realogy has a market capitalization more
representative of the small-cap market space. Pioneer Energy
Services is ranked near the bottom of the S&P SmallCap 600 and
is no longer representative of the small-cap market space.
- Bloomin' Brands Inc. (NASD: BLMN) will replace Travelport
Worldwide Limited (NYSE: TVPT) in the S&P SmallCap 600
effective prior to the open of trading on Monday, June 3. Siris Capital Group LLC is
acquiring Travelport Worldwide in a transaction expected to be
completed on or about May 30 pending
final approvals.
Corteva provides agriculture products. Headquartered in
Wilmington, DE, the company will
be added to the S&P 500 GICS (Global Industry Classification
Standard) Agricultural Products Sub-Industry Index.
Fluor provides engineering, procurement, construction,
fabrication and modularization, operation, maintenance and asset
integrity, and project management services. Headquartered in
Irving, TX, the company will be
added to the S&P MidCap 400 GICS Construction & Engineering
Sub-Industry index.
Realogy Holdings provides real estate and relocation services.
Headquartered in Madison, NJ, the
company will be added to the S&P SmallCap 600 GICS Real Estate
Services Sub-Industry index.
Bloomin' Brands owns and operates casual, upscale casual, and
fine dining restaurants. Headquartered in Tampa, FL, the company will be added to the
S&P SmallCap 600 GICS Restaurants Sub-Industry index.
Following is a summary of the changes:
S&P SMALLCAP
600 INDEX – June 3, 2019
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Bloomin'
Brands
|
Consumer
Discretionary
|
Restaurants
|
DELETED
|
Travelport
Worldwide
|
Information
Technology
|
Data Processing
&
Outsourced
Services
|
S&P 500 INDEX
– June 3, 2019
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Corteva
|
Materials
|
Agricultural
Products
|
S&P 500 INDEX
– June 4, 2019
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
DELETED
|
Fluor
|
Industrials
|
Construction
&
Engineering
|
S&P MIDCAP 400
INDEX – June 4, 2019
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Fluor
|
Industrials
|
Construction
&
Engineering
|
DELETED
|
Realogy
|
Real
Estate
|
Real Estate
Services
|
S&P SMALLCAP
600 INDEX – June 4, 2019
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Realogy
|
Real
Estate
|
Real Estate
Services
|
DELETED
|
Pioneer
Energy
Services
|
Energy
|
Oil & Gas
Drilling
|
For more information about S&P Dow Jones Indices, please
visit www.spdji.com
ABOUT S&P DOW JONES
INDICES
S&P Dow Jones Indices is the largest global resource for
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SOURCE S&P Dow Jones Indices