NEW YORK, Jan. 31, 2020 /PRNewswire/ -- Taylor Morrison
Home Corp. (NYSE: TMHC) will replace Green Dot Corp. (NYSE: GDOT)
in the S&P MidCap 400, and Green Dot will replace William Lyon Homes (NYSE: WLH) in the S&P
SmallCap 600 prior to the open of trading on Thursday, February 6. Taylor Morrison Home is acquiring William Lyon Homes in a transaction expected to
be completed soon pending final conditions.
Taylor Morrison Home operates as
a public homebuilder. Headquartered in Scottsdale, AZ, the company will be added to
the S&P MidCap 400 GICS (Global Industry Classification
Standard) Homebuilding Sub-Industry index.
Green Dot operates as a financial technology and bank holding
company. Headquartered in Pasadena,
CA, the company will be added to the S&P SmallCap 600
GICS Consumer Finance Sub-Industry index.
Following is a summary of the changes:
|
S&P MIDCAP 400
INDEX – February 6, 2020
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Taylor Morrison
Home
|
Consumer
Discretionary
|
Homebuilding
|
|
DELETED
|
Green Dot
|
Financials
|
Consumer
Finance
|
|
S&P SMALLCAP
600 INDEX – February 6, 2020
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Green Dot
|
Financials
|
Consumer
Finance
|
|
DELETED
|
William Lyon
Homes
|
Consumer
Discretionary
|
Homebuilding
|
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SOURCE S&P Dow Jones Indices
