S&P Global Inc.
11/19/2024 | Press release | Distributed by Public on 11/19/2024 17:35
Flex Set to Join S&P MidCap 400; Azenta and Concentra Group Holdings to Join S&P SmallCap 600
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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