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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

    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 been innovating and developing indices across the spectrum of asset classes helping to 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

    [email protected]

    Media Inquiries

    [email protected]

    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

    Get the next $IP alert in real time by email

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