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Flagstar Bancorp and TechTarget Set to Join S&P SmallCap 600

NEW YORK, Oct. 18, 2018 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 effective at the open of trading on Tuesday, October 23:

  • Flagstar Bancorp Inc. (FBC) will replace SUPERVALU Inc. (SVU) in the S&P SmallCap 600. S&P MidCap 400 constituent United Natural Foods Inc. (UNFI) is acquiring SUPERVALU in a deal expected to close on October 22 pending final conditions.
  • TechTarget Inc. (TTGT) will replace Perry Ellis International Inc. (PERY) in the S&P SmallCap 600. Perry Ellis International is being taken private in a deal expected to close soon pending final conditions.

Flagstar Bancorp provides commercial, small business, and consumer banking services. Headquartered in Troy, MI, the company will be added to the S&P SmallCap 600 (Global Industry Classification Standard) GICS Thrifts & Mortgage Finance Sub-Industry index.

TechTarget provides specialized online content for buyers of enterprise information technology products and services. Headquartered in Newton, MA, the company will be added to the S&P SmallCap 600 GICS Advertising Sub-Industry index.

Following is a summary of the changes:

S&P SMALLCAP 600 INDEX – OCTOBER 23, 2018


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Flagstar Bancorp

Financials

Thrift & Mortgage Finance


TechTarget

Communication Services

Advertising

DELETED

SUPERVALU

Consumer Staples

Food Retail


Perry Ellis International

Consumer Discretionary

Apparel, Accessories & Luxury Goods

For more information about S&P Dow Jones Indices, please visit www.spdji.com

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FOR MORE INFORMATION:

David Blitzer

Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spglobal.com

S&P Dow Jones Indices
index_services@spglobal.com

Media Inquiries
spdji_communications@spglobal.com

Cision

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