NEW YORK, Aug. 26, 2019 /PRNewswire/ -- Trinseo S.A. (NYSE:TSE) will replace WageWorks Inc. (NYSE:WAGE) in the S&P SmallCap 600 effective prior to the open of trading on Friday, August 30.  S&P MidCap 400 constituent HealthEquity Inc. (NASD:HQY) is acquiring WageWorks in a transaction expected to be completed on or about that date pending final conditions.

Trinseo manufactures and markets synthetic rubber, latex binders, and plastic products. Headquartered in Berwyn, PA, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Commodity Chemicals Sub-Industry index.

Following is a summary of the change:

S&P SMALLCAP 600 INDEX – August 30, 2019


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Trinseo

Materials

Commodity Chemicals

DELETED

WageWorks

Industrials

Human Resources & Employment Services

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:

S&P Dow Jones Indices
index_services@spglobal.com

Media Inquiries
spdji.comms@spglobal.com

Index Governance Inquiries
IGCC@spglobal.com

Cision View original content:http://www.prnewswire.com/news-releases/trinseo-set-to-join-sp-smallcap-600-300907204.html

SOURCE S&P Dow Jones Indices

Copyright 2019 PR Newswire

Wageworks (NYSE:WAGE)
Historical Stock Chart
Von Nov 2024 bis Dez 2024 Click Here for more Wageworks Charts.
Wageworks (NYSE:WAGE)
Historical Stock Chart
Von Dez 2023 bis Dez 2024 Click Here for more Wageworks Charts.