ARG Airgas, Inc.

NEW YORK, May 18, 2016 /PRNewswire/ -- S&P MidCap 400 constituent LKQ Corp. (NASD: LKQ) will replace Airgas Inc. (NYSE: ARG) in the S&P 500, S&P SmallCap 600 constituent Medical Properties Trust Inc. (NYSE: MPW) will replace LKQ in the S&P MidCap 400, and Alamo Group Inc. (NYSE: ALG) will replace Medical Properties Trust in the S&P SmallCap 600 after the close of trading on Friday, May 20. Air Liquide SA is acquiring Airgas in a deal expected to be completed on or about that date pending final conditions. 

LKQ distributes replacement parts, components, and systems used in the repair and maintenance of vehicles. Headquartered in Chicago, IL, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Distributors Sub-Industry index.

Medical Properties Trust, a real estate investment trust (REIT), acquires, develops, and invests in healthcare facilities. Headquartered in Birmingham, AL, the company will be added to the S&P MidCap 400 GICS Health Care REITs Sub-Industry index.

Alamo Group designs, manufactures, and sells agricultural equipment and infrastructure maintenance equipment. Headquartered in Seguin, TX, the Company will be added to the S&P SmallCap 600 GICS Construction Machinery & Heavy Trucks Sub-Industry index.

Following is a summary of the changes:

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 essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than based on any other provider in the world. With over 1,000,000 indices and more than 120 years of experience constructing innovative and transparent solutions, S&P Dow Jones Indices defines the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.

Standard & Poor's®, S&P® and S&P 500® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"), a division of S&P Global; Dow Jones® and Dow Jones Industrial Average® are registered trademarks of Dow Jones Trademark Holdings LLC ("Dow Jones"); and these trademarks have been licensed to S&P Dow Jones Indices LLC. It is not possible to invest directly in an index. S&P Dow Jones Indices LLC, S&P, Dow Jones and their respective affiliates (collectively "S&P Dow Jones Indices") do not sponsor, endorse, sell, or promote any investment fund or other investment vehicle that is offered by third parties and that seeks to provide an investment return based on the performance of any index. This document does not constitute an offer of services in jurisdictions where S&P Dow Jones Indices does not have the necessary licenses. S&P Dow Jones Indices receives compensation in connection with licensing its indices to third parties.

FOR MORE INFORMATION:

David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spdji.com

Soogyung Jordan
Global Head of Communications
New York, USA
(+1) 212 438 2297
soogyung.jordan@spdji.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/lkq-set-to-join-the-sp-500-medical-properties-trust-to-join-sp-midcap-400-alamo-group-to-join-sp-smallcap-600-300271239.html

SOURCE S&P Dow Jones Indices