First Solar Set to Join S&P 500; Fortune Brands Innovations to Join S&P MidCap 400; MasterBrand to Join S&P SmallCap 600
PR Newswire
NEW YORK
,
Dec. 12, 2022
/PRNewswire/ — S&P MidCap 400 constituent First Solar Inc. (NASD: FSLR) will replace Fortune Brands Home & Security Inc. (NYSE: FBHS) in the S&P 500, Fortune Brands Innovations Inc. (NYSE:FBIN) will replace First Solar in the S&P MidCap 400, and MasterBrand Inc. (NYSE: MBC) will replace Conn’s Inc. (NASD: CONN) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, December 19. Fortune Brands Home & Security is spinning off MasterBrand in a transaction expected to be completed
December 15
. Post spin-off, Fortune Brands Home & Security will have a name and symbol change to Fortune Brands Innovations Inc. (NYSE:FBIN) and will be more representative of the midcap market space. Conn’s is no longer representative of the small-cap market space.
Following is a summary of the changes that will take place prior to the open of trading on the effective date:
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View original content:
https://www.prnewswire.com/news-releases/first-solar-set-to-join-sp-500-fortune-brands-innovations-to-join-sp-midcap-400-masterbrand-to-join-sp-smallcap-600-301700899.html
SOURCE S&P Dow Jones Indices
