Press Releases
NEW YORK, July 26, 2016 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600:
- Fiesta Restaurant Group Inc. (NASD: FRGI) will replace ExamWorks Group Inc. (NYSE: EXAM) in the S&P SmallCap 600 after the close of trading on Wednesday, July 27. Leonard Green & Partners, L.P is acquiring ExamWorks Group in a deal expected to be completed on or about that date.
- Maiden Holdings Ltd. (NASD: MHLD) will replace Tumi Holdings Inc. (NYSE:TUMI) in the S&P SmallCap 600 after the close of trading on Monday, August 1. Samsonite International S.A. is acquiring Tumi Holdings in a deal expected to be completed on or about that date pending final conditions.
Fiesta Restaurant Group owns, operates, and franchises fast-casual restaurants. Headquartered in Addison, TX, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Restaurants Sub-Industry index.
Maiden Holdings provides reinsurance solutions to regional and specialty insurers. Headquartered in Hamilton, Bermuda, the company will be added to the S&P SmallCap 600 GICS Reinsurance Sub-Industry index.
Following is a summary of the changes:
|
S&P SMALLCAP 600 INDEX – JULY 27, 2016 |
|||
|
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
|
ADDED |
Fiesta Restaurant Group |
Consumer Discretionary |
Restaurants |
|
DELETED |
ExamWorks Group |
Healthcare |
Healthcare Services |
|
S&P SMALLCAP 600 INDEX – AUGUST 1, 2016 |
|||
|
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
|
ADDED |
Maiden Holdings |
Financials |
Reinsurance |
|
DELETED |
Tumi |
Consumer Discretionary |
Apparel, Accessories & Luxury Goods |
For more information about S&P Dow Jones Indices, please visit www.spdji.com
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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 based on any other provider in the world. With over 1,000,000 indices and more than 120 years of experience constructing innovative and transparent solutions, S&P Dow Jones Indices defines 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:
David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spdji.com
Soogyung Jordan
Global Head of Communications
New York, USA
(+1) 212 438 2297
soogyung.jordan@spdji.com
SOURCE S&P Dow Jones Indices
