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    Sylvamo Set to Join S&P SmallCap 600

    9/28/21 7:07:00 PM ET
    $IP
    $SPGI
    $STMP
    Paper
    Basic Materials
    Finance: Consumer Services
    Finance
    Get the next $IP alert in real time by email

    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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    Cision View original content:https://www.prnewswire.com/news-releases/sylvamo-set-to-join-sp-smallcap-600-301387304.html

    SOURCE S&P Dow Jones Indices

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