30.05.2017 23:59:00
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Home BancShares Set to Join S&P MidCap 400 and Chatham Lodging Trust to Join S&P SmallCap 600
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 | 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 | Real Estate | Hotel & Resort REITs |
DELETED | Home | Financials | Regional Banks |
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FOR MORE INFORMATION:
Soogyung Jordan
Global Head of Communications
New York, USA
(+1) 212 438 2297
soogyung.jordan@spglobal.com
David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spglobal.com
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/home-bancshares-set-to-join-sp-midcap-400-and-chatham-lodging-trust-to-join-sp-smallcap-600-300465829.html
SOURCE S&P Dow Jones Indices
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Aktien in diesem Artikel
Chatham Lodging Trust Shs of Benef Interest | 9,67 | -0,82% | |
Home Bancshares IncShs | 30,35 | 0,07% | |
S&P Global Inc | 481,20 | -1,93% | |
Sherwin-Williams Co. | 346,75 | -0,99% |