NEW YORK, Aug. 11, 2020 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 and S&P MidCap 400 effective prior to the opening of trading on Monday, August 17:
FB Financial Corp. (NYSE:FBK) will replace Franklin Financial Network Inc. (NYSE:FSB) in the S&P SmallCap 600. FB Financial (NYSE: FBK) is acquiring Franklin Financial Network in a deal expected to be completed soon pending final conditions.
Builders FirstSource Inc. (NASD:BLDR) will replace CoreCivic Inc. (NYSE:CXW) in the S&P MidCap 400, and CoreCivic will replace Valaris plc (NYSE:VAL) in the S&P SmallCap 600. Valaris is no longer representative of the small-cap market space. CoreCivic is more representative of the small-cap market space.
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 products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has become home to over 1,000,000 indices across the spectrum of asset classes that have helped define 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.
FOR MORE INFORMATION:
S&P Dow Jones Indices
index_services@spglobal.com
Media Inquiries
spdji.comms@spglobal.com
Index Governance Inquiries
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FB Financial Corp. (NYSE:FBK) will replace Franklin Financial Network Inc. (NYSE:FSB) in the S&P SmallCap 600. FB Financial (NYSE: FBK) is acquiring Franklin Financial Network in a deal expected to be completed soon pending final conditions.
Builders FirstSource Inc. (NASD:BLDR) will replace CoreCivic Inc. (NYSE:CXW) in the S&P MidCap 400, and CoreCivic will replace Valaris plc (NYSE:VAL) in the S&P SmallCap 600. Valaris is no longer representative of the small-cap market space. CoreCivic is more representative of the small-cap market space.
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 products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has become home to over 1,000,000 indices across the spectrum of asset classes that have helped define 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.
FOR MORE INFORMATION:
S&P Dow Jones Indices
index_services@spglobal.com
Media Inquiries
spdji.comms@spglobal.com
Index Governance Inquiries
IGCC@spglobal.com
