S&P Dow Jones Indices announced that Honeywell Aerospace Inc. (HONA) will be added to the S&P 500 and S&P 100 on June 29. The addition will see Honeywell Aerospace replace Conagra Brands Inc. (CAG) in the S&P 500, while Conagra Brands will take the place of Grid Dynamics Holdings Inc. (GDYN) in the S&P SmallCap 600, effective June 30.
Effective June 30, Honeywell Aerospace will replace Honeywell International Inc. (HON) in the S&P 100. As part of a spin‑off, Honeywell International is slated to close its Aerospace unit on June 29; thereafter it will be renamed Honeywell Technologies Inc. and continue to be included in the S&P 500.
Effective June 30, National Health Investors Inc. (NHI) will replace Apollo Commercial Real Estate Finance Inc. (ARI) in the S&P SmallCap 600. Apollo Commercial Real Estate Finance has disclosed that it is pursuing liquidation and is no longer suitable for inclusion in the S&P SmallCap 600.
Starting July 1, Toast Inc. (TOST) will replace TopBuild Corporation (BLD) in the S&P MidCap 400. As previously announced, QXO Inc. (QXO) is set to acquire TopBuild.
Effective July 1, IES Holdings Inc. (IESC) will replace Janus Henderson Group PLC (JHG) in the S&P MidCap 400. Trian Fund Management LP and General Catalyst Group Management have announced that they will acquire Janus Henderson Group, as previously reported.
Also Read
- Secretary Rubio Embarks on Gulf Tour to Address Ally Concerns Over Iran Accord
- ECOWAS Parliament Charts Renewable Energy Expansion Plan for West African Rural Electrification
- Understanding the Gold Inflation Paradox and What It Means for Investors
- Pakistan Stock ExchangeRestarts Trading of Government Ijarah Sukuk on June 29