Press Releases
NEW YORK, July 31, 2019 /PRNewswire/ -- RPC Inc. (NYSE: RES) will replace Control4 Corp. (NASD: CTRL) in the S&P SmallCap 600 effective prior to the open of trading on Tuesday, August 6. SnapAV is acquiring Control4 in a transaction expected to be completed soon pending final conditions.
RPC provides a range of oilfield services and equipment to companies involved in the exploration, production, and development of oil and gas properties. Headquartered in Atlanta, GA, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Oil & Gas Equipment & Services Sub-Industry index.
Following is a summary of the change:
S&P SMALLCAP 600 INDEX – August 6, 2019 | |||
COMPANY | GICS ECONOMIC SECTOR | GICS SUB-INDUSTRY | |
ADDED | RPC | Energy | Oil & Gas Equipment & Services |
DELETED | Control4 | Information Technology | Electronic Equipment & Instruments |
For more information about S&P Dow Jones Indices, please visit www.spdji.com
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
Media Inquiries
spdji.comms@spglobal.com
Index Governance Inquiries
IGCC@spglobal.com
SOURCE S&P Dow Jones Indices