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    Livent Set to Join S&P MidCap 400; NCR Voyix and Rush Enterprises to Join S&P SmallCap 600

    12/19/23 5:49:00 PM ET
    $KIM
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    Get the next $KIM alert in real time by email

    NEW YORK, Dec. 19, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the open of trading on Tuesday, January 2:

    • S&P SmallCap 600 constituent Livent Corp. (NYSE:LTHM) will replace NCR Voyix (NYSE:VYX) in the S&P MidCap 400, and NCR Voyix will replace Livent in the S&P SmallCap 600. Allkem Limited (ASX: AKE) is merging with Livent in a transaction expected to be completed on or about Thursday, January 4 pending final conditions. The combined company will be considered US domiciled for index purposes, and Livent will be treated as the surviving entity. Post merger, the company will be named Arcadium Lithium plc and will trade on the New York Stock Exchange under the ticker symbol "ALTM". Arcadium Lithium will have a projected total market capitalization that is more representative of the mid-cap market space. NCR Voyix is ranked near the bottom of the S&P MidCap 400 and is more representative of the small-cap market space.

       
    • Rush Enterprises Inc. (NASD:RUSHA) will replace RPT Realty (NYSE:RPT) in the S&P SmallCap 600. S&P 500 constituent Kimco Realty Co. (NYSE:KIM) is acquiring RPT Realty in a transaction expected to be completed on or about January 2 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

    January 2, 2024

    S&P MidCap 400

    Addition

    Livent

    LTHM

    Materials



    S&P MidCap 400

    Deletion

    NCR Voyix

    VYX

    Information Technology



    S&P SmallCap 600

    Addition

    NCR Voyix

    VYX

    Information Technology



    S&P SmallCap 600

    Addition

    Rush Enterprises

    RUSHA

    Industrials



    S&P SmallCap 600

    Deletion

    Livent

    LTHM

    Materials



    S&P SmallCap 600

    Deletion

    RPT Realty

    RPT

    Real Estate

    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

    index_services@spglobal.com 

    Media Inquiries

    spdji.comms@spglobal.com 

    Cision View original content:https://www.prnewswire.com/news-releases/livent-set-to-join-sp-midcap-400-ncr-voyix-and-rush-enterprises-to-join-sp-smallcap-600-302019538.html

    SOURCE S&P Dow Jones Indices

    Get the next $KIM alert in real time by email

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