Sally Beauty Holdings & Versum Materials Set to Join the S&P MidCap 400; Others to Join S&P SmallCap 600

Sally Beauty Holdings & Versum Materials Set to Join the S&P MidCap 400; Others to Join S&P SmallCap 600

PR Newswire

NEW YORK, Sept. 23, 2016 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 indices:

  • Sally Beauty Holdings Inc. (NYSE: SBH) will replace R.R. Donnelley & Sons Co. (NYSE: RRD) in the S&P MidCap 400 index, and R.R. Donnelley & Sons will replace Sizmek Inc. (NASD: SZMK) in the S&P SmallCap 600 after the close of trading on Tuesday, September 27. Vector Capital is acquiring Sizmek in a deal expected to be completed on or about that date, pending final conditions. R.R. Donnelly & Sons is spinning off certain operations and assets later this month. Post spin-offs, the R.R. Donnelly & Sons stub will be more representative of the small-cap market space.
                               
  • LSC Communications Inc. (NYSE: LKSD) and Donnelley Financial Solutions Inc. (NYSE: DFIN) will be added to the S&P SmallCap 600 after the close of trading on Friday, September 30 replacing Gulfmark Offshore Inc. (NYSE: GLF) and Bonanza Creek Energy Inc. (NYSE: BCEI) respectively, which will be removed from the S&P SmallCap 600 after the close of trading on Monday, October 3. Newly added S&P SmallCap 600 constituent R.R. Donnelley & Sons is spinning off LSC Communications and Donnelley Financial Solutions in transactions expected to be completed on Friday, September 30 pending final conditions. The R.R. Donnelley & Sons stub will remain in the S&P SmallCap 600 post spin-offs. Gulfmark Offshore and Bonanza Creek Energy are ranked near the bottom of the S&P SmallCap 600 and are no longer representative of the small-cap market space.
                               
  • Versum Materials Inc. (NYSE: VSM) will replace Abercrombie & Fitch (NYSE: ANF) in the S&P MidCap 400, and Abercrombie & Fitch will replace Basic Energy Services Inc. (NYSE: BAS) in the S&P Small Cap 600 after the close of trading on Monday, October 3. S&P 500 constituent Air Products and Chemicals Inc. (NYSE: APD) is spinning off Versum Materials in a transaction expected to be completed on Friday, September 30 pending final conditions. Air Products and Chemicals will remain in the S&P 500 post spin-off. Basic Energy Services is ranked at the bottom of the S&P SmallCap 600 and is no longer representative of the small-cap market space.
                               
  • AdvanSix Inc. (NYSE: ASIX) will replace Universal Technical Institute Inc. (NYSE: UTI) in the S&P SmallCap 600 after the close of trading on Monday, October 3. S&P 100 & 500 constituent Honeywell Inc. (NYSE: HON) is spinning off AdvanSix in a transaction expected to be completed on Friday, September 30 pending final conditions. Honeywell will remain in the S&P 100 & 500 post spin-off.

Sally Beauty Holdings operates as a specialty retailer and distributor of professional beauty supplies. Headquartered in Denton, TX, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Specialty Stores Sub-Industry index.

R.R. Donnelley & Sons creates, manages, produces, distributes, and processes content on behalf of its customers. Headquartered in Chicago, IL, the company will be added to the S&P SmallCap 600 GICS Commercial Printing Sub-Industry index.

LSC Communications provides printing, fulfillment, and supply chain solutions. Headquartered in Denville, NJ, the company will be added to the S&P SmallCap 600 GICS Commercial Printing Sub-Industry index.

Donnelley Financial Solutions produces, distributes, and translates documents and electronic communications. Headquartered in Chicago, IL, the company will be added to the S&P SmallCap 600 GICS Financial Exchanges & Data Sub-Industry index.

Versum Materials develops, manufactures, transports, and handles specialty materials to the semiconductor and display industries. Headquartered in Allentown, PA, the company will be added to the S&P MidCap 400 GICS Semiconductor Equipment Sub-Industry index.

Abercrombie & Fitch operates as a specialty retailer of casual apparel. Headquartered in New Albany, OH, the company will be added to the S&P SmallCap 600 GICS Apparel Retail Sub-Industry index.

AdvanSix manufactures and sells Nylon 6 polymer resins. Headquartered in Morris Plains, NJ, the company will be added to the S&P SmallCap 600 GICS Commodity Chemicals Sub-Industry index.

 

Following is a summary of the changes:

S&P MIDCAP 400 INDEX – SEPTEMBER 27, 2016


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Sally Beauty Holdings

Consumer Discretionary

Specialty Stores

DELETED

RR Donnelley & Sons

Industrial

Commercial Printing

 

S&P SMALLCAP 600 INDEX – SEPTEMBER 27, 2016


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

RR Donnelley & Sons

Industrial

Commercial Printing

DELETED

Sizmek

Consumer Discretionary

Advertising

 

S&P SMALLCAP 600 INDEX – SEPTEMBER 30, 2016


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

LSC Communications

Industrials

Commercial Printing


Donnelly Financial Solutions

Financials

Financial Exchanges & Data

 

S&P MIDCAP 400 INDEX – OCTOBER 3, 2016


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Versum Materials

Information Technology

Semiconductor Equipment

DELETED

Abercrombie & Fitch

Consumer Discretionary

Apparel Retail

 

S&P SMALLCAP 600 INDEX – OCTOBER 3, 2016


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Abercrombie & Fitch

Consumer Discretionary

Apparel Retail


AdvanSix

Materials

Commodity Chemicals

DELETED

Basic Energy Services

Energy

Oil & Gas Equipment & Services


Universal Technical Institute

Consumer Discretionary

Education Services


Gulfmark Offshore

Energy

Oil & Gas Equipment & Services


Bonanza Creek Energy

Energy

Oil & Gas Exploration & Production

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FOR MORE INFORMATION:

David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
[email protected]

Soogyung Jordan
Global Head of Communications 
New York, USA
(+1) 212 438 2297
[email protected]

 

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