CDW Set to Join S&P 500

NEW YORK, Sept. 17, 2019 /PRNewswire/ -- CDW Corp. (NASD: CDW) will replace Total System Services Inc. (NYSE: TSS) in the S&P 500 effective prior to the open of trading on Monday, September 23.  S&P 500 constituent Global Payments Inc. (NYSE: GPN) is acquiring Total System Services in a transaction expected to be completed after the market close today.

CDW Corp provides integrated information technology solutions to business, government, education, and healthcare customers. Headquartered in Lincolnshire, IL the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Technology Distributors index.

Following is a summary of the change:

S&P 500 INDEX – September 23, 2019
	COMPANY	GICS ECONOMIC SECTOR	GICS SUB-INDUSTRY
ADDED	CDW Corp	Information Technology	Technology Distributors
DELETED	Total System Services	Information Technology	Data Processing & Outsourced 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
[e-mail]

Media Inquiries
[e-mail]

Index Governance Inquiries
[e-mail]

View original content:http://www.prnewswire.com/news-releases/cdw-set-to-join-sp-500-300920269.html

SOURCE S&P Dow Jones Indices

Copyright 2019 PR Newswire