NEW YORK, Oct. 28, 2019 /PRNewswire/ -- S&P Dow
Jones Indices will make the following changes to the S&P
SmallCap 600 effective prior to the open of trading on Friday, November 1:
- FGL Holdings (NYSE: FG) will replace LegacyTexas Financial
Group Inc. (NASD: LTXB). S&P MidCap 400 constituent Prosperity
Bancshares Inc. (NYSE: PB) is acquiring LegacyTexas Financial Group
in a transaction expected to be completed soon pending final
conditions.
- Talos Energy Inc. (NYSE: TALO) will replace C&J Energy
Services Inc. (NYSE: CJ). Keane Group Inc. (NYSE: FRAC) is
acquiring C&J Energy Services in a transaction expected to be
completed soon pending final conditions.
FGL Holdings sells individual life insurance products and
annuities. Headquartered in Grand
Cayman, Cayman Islands, the
company will be added to the S&P SmallCap 600 GICS (Global
Industry Classification Standard) Other Diversified Financial
Services Sub-Industry index.
Talos Energy operates as an independent oil and gas company.
Headquartered in Houston, TX, the
company will be added to the S&P SmallCap 600 GICS Oil &
Gas Exploration & Production Sub-Industry index.
Following is a summary of the changes:
S&P SMALLCAP
600 INDEX – November 1, 2019
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
FGL
Holdings
|
Financials
|
Other Diversified
Financial Services
|
|
Talos
Energy
|
Energy
|
Oil & Gas
Exploration & Production
|
DELETED
|
LegacyTexas Financial
Group
|
Financials
|
Regional
Banks
|
|
C&J Energy
Services
|
Energy
|
Oil & Gas
Equipment & Services
|
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visit www.spdji.com
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SOURCE S&P Dow Jones Indices