NEW YORK, Aug. 11, 2020 /PRNewswire/ -- S&P Dow Jones
Indices will make the following changes to the S&P SmallCap 600
and S&P MidCap 400 effective prior to the opening of trading on
Monday, August 17:
FB Financial Corp. (NYSE:FBK) will replace Franklin Financial
Network Inc. (NYSE:FSB) in the S&P SmallCap 600. FB Financial
(NYSE: FBK) is acquiring Franklin Financial Network in a deal
expected to be completed soon pending final conditions.
Builders FirstSource Inc. (NASD:BLDR) will replace CoreCivic
Inc. (NYSE:CXW) in the S&P MidCap 400, and CoreCivic will
replace Valaris plc (NYSE:VAL) in the S&P SmallCap 600. Valaris
is no longer representative of the small-cap market space.
CoreCivic is more 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
|
|
August 17,
2020
|
S&P SmallCap
600
|
Addition
|
FB
Financial
|
FBK
|
Financials
|
|
August 17,
2020
|
S&P SmallCap
600
|
Deletion
|
Franklin Financial
Network
|
FSB
|
Financials
|
|
August 17,
2020
|
S&P MidCap
400
|
Addition
|
Builders
FirstSource
|
BLDR
|
Industrials
|
|
August 17,
2020
|
S&P MidCap
400
|
Deletion
|
CoreCivic
|
CXW
|
Real
Estate
|
|
August 17,
2020
|
S&P SmallCap
600
|
Addition
|
CoreCivic
|
CXW
|
Real
Estate
|
|
August 17,
2020
|
S&P SmallCap
600
|
Deletion
|
Valaris
|
VAL
|
Energy
|
For more information about S&P Dow Jones Indices, please
visit www.spdji.com
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