Teleflex Set to Join S&P 500; Green Dot to Join S&P MidCap 400; Mercer International to Join S&P SmallCap 600

NEW YORK, Jan. 15, 2019 /PRNewswire/ -- S&P MidCap 400 constituent Teleflex Inc. (NYSE: TFX) will replace PG&E Corp. (NYSE: PCG) in the S&P 500, S&P SmallCap 600 constituent Green Dot Corp. (NYSE: GDOT) will replace Teleflex in the S&P MidCap 400, and Mercer International Inc. (NASD: MERC) will replace Green Dot in the S&P SmallCap 600 prior to the open of trading on Friday, January 18. PG&E intends to file for reorganization under Chapter 11 of the U.S. Bankruptcy Code on or about January 29, 2019 and is no longer eligible for continued inclusion in the S&P 500.

Teleflex designs, develops, manufactures, and supplies single-use medical devices for common diagnostic and therapeutic procedures in critical care and surgical applications. Headquartered in Wayne, PA, the company will be added to the S&P 500 (Global Industry Classification Standard) GICS Health Care Equipment Sub-Industry index.

Green Dot provides personal banking. Headquartered in Pasadena, CA, the company will be added to the S&P MidCap 400 GICS Consumer Finance Sub-Industry index.

Mercer International manufactures and sells northern bleached softwood Kraft (NBSK) pulp. Headquartered in Vancouver, Canada, the company will be added to the S&P SmallCap 600 GICS Paper Products Sub-Industry index.

Following is a summary of the changes:

S&P 500 INDEX – January 18, 2019


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Teleflex

Health Care

Health Care Equipment

DELETED

PG&E

Utilities

Electric Utilities

 

S&P MIDCAP 400 INDEX – January 18, 2019


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Green Dot

Financials

Consumer Finance

DELETED

Teleflex

Health Care

Health Care Equipment

 

S&P SMALLCAP 600 INDEX – January 18, 2019


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Mercer International

Materials

Paper Products

DELETED

Green Dot

Financials

Consumer Finance

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