NEW YORK, Nov. 25, 2020 /PRNewswire/ -- S&P Dow Jones
Indices will make the following changes to the S&P MidCap 400
and S&P SmallCap 600:
- Concentrix Corp. (NASD:CNXC) will be added to the S&P
MidCap 400 effective prior to the open of trading on Tuesday, December 1. Concentrix will take the
place of AMC Networks Inc. (NASD:AMCX), which will replace R.R.
Donnelley & Sons Co. (NYSE:RRD) in the S&P SmallCap 600
effective prior to the opening of trading on Wednesday, December 2. S&P MidCap 400
constituent SYNNEX Corp. (NYSE:SNX) is spinning off Concentrix in a
transaction expected to be completed post close on November 30. SYNNEX will remain in the S&P
MidCap 400 post-spin-off. AMC Networks is more representative of
the small-cap market space, and R.R. Donnelley & Sons is no
longer appropriate for the S&P SmallCap 600.
- The Aaron's Company Inc. (currently trading as NYSE:AANwi) will
replace Geospace Technologies Corp. (NASD:GEOS) in the S&P
SmallCap 600 effective prior to the opening of trading on
Wednesday, December 2. S&P MidCap
400 constituent Aaron's Holdings Co. (NYSE:AAN) is spinning off The
Aaron's Company in a transaction expected to be completed post
close on November 30. Post spin-off
transaction, parent Aaron's Holdings will change its name to PROG
Holdings Inc., its ticker to PRG, and its Global Industry
Classification Standard (GICS) sub industry group to Consumer
Finance. The newly named PROG Holdings will remain in the S&P
MidCap 400. The Aaron's Company will trade under ticker symbol AAN
effective on December 1. Geospace
Technologies 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
|
December 1,
2020
|
S&P MidCap
400
|
Addition
|
Concentrix
|
CNXC
|
Information
Technology
|
December 2,
2020
|
S&P MidCap
400
|
Deletion
|
AMC
Networks
|
AMCX
|
Communication
Services
|
December 2,
2020
|
S&P SmallCap
600
|
Addition
|
AMC
Networks
|
AMCX
|
Communication
Services
|
December 2,
2020
|
S&P SmallCap
600
|
Addition
|
The Aaron's
Company
|
AAN*
|
Consumer
Discretionary
|
December 2,
2020
|
S&P SmallCap
600
|
Deletion
|
R.R. Donnelley &
Sons
|
RRD
|
Industrials
|
December 2,
2020
|
S&P SmallCap
600
|
Deletion
|
Geospace
Technologies
|
GEOS
|
Energy
|
|
*Ticker symbol as of
Dec.1. Prior to that date, parent Aaron's Holdings used ticker
symbol AAN.
|
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visit www.spdji.com
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