NEW YORK, May 30, 2017 /PRNewswire/ -- S&P
SmallCap 600 constituent Home BancShares Inc. (NASD: HOMB) will
replace Valspar Corp. (NYSE: VAL) in the S&P MidCap 400, and
Chatham Lodging Trust (NYSE: CLDT) will replace Home BancShares in
the S&P SmallCap 600 effective prior to the open on
Friday, June 2. S&P 500
constituent The Sherwin-Williams Co. (NYSE: SHW) is acquiring
Valspar in a deal expected to be completed on June 1.
Home BancShares provides commercial and retail banking and
related financial services. Headquartered in Conway, AK, the
company will be added to the S&P MidCap 400 GICS (Global
Industry Classification Standard) Regional Banks Sub-Industry
index.
Chatham Lodging Trust, a real estate investment trust (REIT),
primarily invests in premium-branded upscale extended-stay and
select-service hotels. Headquartered in West Palm Beach, FL, the company will be added
to the S&P SmallCap 600 GICS Hotel & Resort REITs
Sub-Industry index.
Following is a summary of the changes:
S&P MIDCAP 400
INDEX – June 2, 2017
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Home
BancShares
|
Financials
|
Regional
Banks
|
DELETED
|
Valspar
Corp
|
Materials
|
Specialty
Chemicals
|
S&P SMALLCAP
600 INDEX – June 2, 2017
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Chatham
Lodging Trust
|
Real
Estate
|
Hotel & Resort
REITs
|
DELETED
|
Home
BancShares
|
Financials
|
Regional
Banks
|
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visit www.spdji.com.
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(+1) 212 438 3907
david.blitzer@spglobal.com
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SOURCE S&P Dow Jones Indices