NEW YORK, Nov. 25, 2020 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600:
Concentrix Corp. (NASD:CNXC) will be added to the S&P MidCap 400 effective prior to the open of trading on Tuesday, December 1. Concentrix will take the place of AMC Networks Inc. (NASD:AMCX), which will replace R.R. Donnelley & Sons Co. (NYSE:RRD) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, December 2. S&P MidCap 400 constituent SYNNEX Corp. (NYSE:SNX) is spinning off Concentrix in a transaction expected to be completed post close on November 30. SYNNEX will remain in the S&P MidCap 400 post-spin-off. AMC Networks is more representative of the small-cap market space, and R.R. Donnelley & Sons is no longer appropriate for the S&P SmallCap 600.
The Aaron's Company Inc. (currently trading asNYSE:AANwi) will replace Geospace Technologies Corp. (NASD:GEOS) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, December 2. S&P MidCap 400 constituent Aaron's Holdings Co. (NYSE:AAN) is spinning off The Aaron's Company in a transaction expected to be completed post close on November 30. Post spin-off transaction, parent Aaron's Holdings will change its name to PROG Holdings Inc., its ticker to PRG, and its Global Industry Classification Standard (GICS) sub industry group to Consumer Finance. The newly named PROG Holdings will remain in the S&P MidCap 400. The Aaron's Company will trade under ticker symbol AAN effective on December 1. Geospace Technologies is no longer representative of the small-cap market space.
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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.
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Concentrix Corp. (NASD:CNXC) will be added to the S&P MidCap 400 effective prior to the open of trading on Tuesday, December 1. Concentrix will take the place of AMC Networks Inc. (NASD:AMCX), which will replace R.R. Donnelley & Sons Co. (NYSE:RRD) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, December 2. S&P MidCap 400 constituent SYNNEX Corp. (NYSE:SNX) is spinning off Concentrix in a transaction expected to be completed post close on November 30. SYNNEX will remain in the S&P MidCap 400 post-spin-off. AMC Networks is more representative of the small-cap market space, and R.R. Donnelley & Sons is no longer appropriate for the S&P SmallCap 600.
The Aaron's Company Inc. (currently trading asNYSE:AANwi) will replace Geospace Technologies Corp. (NASD:GEOS) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, December 2. S&P MidCap 400 constituent Aaron's Holdings Co. (NYSE:AAN) is spinning off The Aaron's Company in a transaction expected to be completed post close on November 30. Post spin-off transaction, parent Aaron's Holdings will change its name to PROG Holdings Inc., its ticker to PRG, and its Global Industry Classification Standard (GICS) sub industry group to Consumer Finance. The newly named PROG Holdings will remain in the S&P MidCap 400. The Aaron's Company will trade under ticker symbol AAN effective on December 1. Geospace Technologies is no longer 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
