Sylvamo Set to Join S&P SmallCap 600

NEW YORK, Sept. 28, 2021 /PRNewswire/ -- Sylvamo Corp. (NYSE: SLVM) will replace Stamps.com Inc. (NASD: STMP) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, October 4. S&P 500 constituent International Paper Co. (NYSE: IP) is spinning off Sylvamo in a transaction expected to be effective on October 1. Thoma Bravo is acquiring Stamps.com in a deal expected to be completed soon pending final conditions.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date

Index Name      

Action

Company Name

Ticker

GICS Sector

October 4, 2021

S&P SmallCap 600

Addition

Sylvamo

SLVM

Materials


S&P SmallCap 600

Deletion

Stamps.com

STMP

Consumer Discretionary

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