Home BancShares Set to Join S&P MidCap 400 and Chatham Lodging Trust to Join S&P SmallCap 600

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NEW YORK, May 30, 2017 /PRNewswire/ -- S&P SmallCap 600 constituent Home BancShares Inc. HOMB will replace Valspar Corp. VAL in the S&P MidCap 400, and Chatham Lodging Trust CLDT will replace Home BancShares in the S&P SmallCap 600 effective prior to the open on Friday, June 2. S&P 500 constituent The Sherwin-Williams Co. SHW is acquiring Valspar in a deal expected to be completed on June 1.

Home BancShares provides commercial and retail banking and related financial services. Headquartered in Conway, AK, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Regional Banks Sub-Industry index.

Chatham Lodging Trust, a real estate investment trust (REIT), primarily invests in premium-branded upscale extended-stay and select-service hotels. Headquartered in West Palm Beach, FL, the company will be added to the S&P SmallCap 600 GICS Hotel & Resort REITs Sub-Industry index.

Following is a summary of the changes:

S&P MIDCAP 400 INDEX – June 2, 2017


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Home
BancShares

Financials

Regional Banks

DELETED

Valspar Corp

Materials

Specialty Chemicals

 

S&P SMALLCAP 600 INDEX – June 2, 2017


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Chatham
Lodging Trust

Real Estate

Hotel & Resort REITs

DELETED

Home
BancShares

Financials

Regional Banks

 

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

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FOR MORE INFORMATION:

Soogyung Jordan
Global Head of Communications
New York, USA
(+1) 212 438 2297
soogyung.jordan@spglobal.com

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

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/home-bancshares-set-to-join-sp-midcap-400-and-chatham-lodging-trust-to-join-sp-smallcap-600-300465829.html

SOURCE S&P Dow Jones Indices

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