NEW YORK, Feb. 14, 2018 /PRNewswire/ -- Seacoast
Banking Corporation of Florida
(NASD: SBCF) will replace Deltic Timber Corp. (NYSE:DEL) in the
S&P SmallCap 600 effective prior to the open of trading on
Wednesday, February 21. S&P
MidCap 400 constituent Potlatch Corp. (NASD:PCH) is acquiring
Deltic Timber in a transaction expected to be completed on or about
February 20 pending final
approvals.
Seacoast Banking is a community bank providing financial
services. Headquartered in Stuart,
FL, the company will be added to the S&P SmallCap 600
GICS (Global Industry Classification Standard) Regional Banks
Sub-Industry index.
Following is a summary of the change:
S&P SMALLCAP
600 INDEX – FEBRUARY 21, 2018
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Seacoast
Banking
|
Financials
|
Regional
Banks
|
DELETED
|
Deltic
Timber
|
Materials
|
Forest
Products
|
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 become home to over 1,000,000
indices across the spectrum of asset classes that have helped
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:
David Blitzer
Managing
Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spglobal.com
S&P Dow Jones Indices
index_services@spglobal.com
Media Inquiries
spdji_communications@spglobal.com
View original
content:http://www.prnewswire.com/news-releases/seacoast-banking-corporation-of-florida-set-to-join-sp-smallcap-600-300599117.html
SOURCE S&P Dow Jones Indices