NEW YORK, Nov. 19, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600:
- Flex Ltd (NASD: FLEX) will replace Azenta Inc. (NASD: AZTA) in the S&P MidCap 400, and Azenta will replace Envestnet Inc. (NYSE: ENV) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, November 25. Bain Capital is acquiring Envestnet in a deal expected to be completed soon, pending final closing conditions. Azenta's market capitalization is no longer representative of the mid-cap market space.
- Concentra Group Holdings Inc. (NYSE: CON) will replace Myers Industries Inc. (NYSE: MYE) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, November 27. S&P SmallCap 600 constituent Select Medical Holdings Corp. (NYSE: SEM) is distributing the 80% of shares of Concentra Group Holdings it owns to shareholders in a transaction expected to be completed on November 26. Myers Industries' market capitalization 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
|
|
Nov 25, 2024
|
S&P MidCap 400
|
Addition
|
Flex
|
FLEX
|
Information Technology
|
|
Nov 25, 2024
|
S&P MidCap 400
|
Deletion
|
Azenta
|
AZTA
|
Health Care
|
|
Nov 25, 2024
|
S&P SmallCap 600
|
Addition
|
Azenta
|
AZTA
|
Health Care
|
|
Nov 25, 2024
|
S&P SmallCap 600
|
Deletion
|
Envestnet
|
ENV
|
Information Technology
|
|
Nov 27, 2024
|
S&P SmallCap 600
|
Addition
|
Concentra Group Holdings
|
CON
|
Health Care
|
|
Nov 27, 2024
|
S&P SmallCap 600
|
Deletion
|
Myers Industries
|
MYE
|
Materials
|
For more information about S&P Dow Jones Indices, please visit www.spdji.com
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View original content:https://www.prnewswire.com/news-releases/flex-set-to-join-sp-midcap-400-azenta-and-concentra-group-holdings-to-join-sp-smallcap-600-302310669.html
SOURCE S&P Dow Jones Indices
