PG&E and EQT Set to Join S&P 500; ExlService to Join S&P MidCap 400; Others to Join S&P SmallCap 600

NEW YORK, Sept. 23, 2022 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600:

• PG&E Corp. (NYSE: PCG) will replace Citrix Systems Inc. (NASD: CTXS) in the S&P 500 effective prior to the opening of trading on Monday, October 3. Vista Equity Partners is acquiring Citrix Systems in a transaction expected to be completed September 30, pending final conditions.
  
  
• S&P MidCap 400 constituent EQT Corp. (NYSE: EQT) will replace Duke Realty Corp. (NYSE: DRE) in the S&P 500, S&P SmallCap 600 constituent ExlService Holdings Inc. (NASD: EXLS) will replace EQT in the S&P MidCap 400, and Mister Car Wash Inc. (NYSE: MCW) will replace ExlService Holdings in the S&P SmallCap 600 effective prior to the opening of trading on Monday, October 3. S&P 500 constituent Prologis Inc. (NYSE: PLD) is acquiring Duke Realty in a transaction expected to be completed on or about that date, pending final conditions.
  
  
• Leslie's Inc. (NASD: LESL) will replace GCP Applied Technologies Inc. (NYSE: GCP) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, September 28. Compagnie de Saint-Gobian S.A. is acquiring GCP Applied Technologies in a transaction expected to be completed on or about that date, pending final conditions.
  
  
• CBTX Inc. (NASD: CBTX) will replace Allegiance Bancshares Inc. (NASD: ABTX) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, October 3. CBTX is acquiring Allegiance Bancshares in a transaction expected to be completed October 1, pending final conditions. Post-acquisition, the combined company will change its name and ticker symbol to Stellar Bancorp (NASD: STEL).
  
  
• Xperi Inc. (NYSE: XPER) will be added to the S&P SmallCap 600 prior to the open of trading on Monday, October 3 replacing SelectQuote Inc. (NYSE: SLQT), which will be removed from the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, October 4. S&P SmallCap 600 constituent Xperi Holdings Corp. (NASD: XPER) is spinning off Xperi (new) in a transaction expected to be completed October 3, pending final conditions. Post spin-off, parent company Xperi Holdings will remain in the S&P SmallCap 600. It will change its name and ticker symbol to Adeia Inc. (NASD: ADEA). SelectQuote is no longer representative of the small-cap market space.

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
Sept. 28, 2022	S&P SmallCap 600	Addition		Leslie's	LESL	Consumer Discretionary
	S&P SmallCap 600	Deletion		GCP Applied Tech	GCP	Materials
Oct. 3, 2022	S&P 500	Addition		PG&E	PCG	Utilities
	S&P 500	Addition		EQT	EQT	Energy
	S&P 500	Deletion		Citrix Systems	CTXS	Information Technology
	S&P 500	Deletion		Duke Realty	DRE	Real Estate
	S&P MidCap 400	Addition		ExlService Holdings	EXLS	Information Technology
	S&P MidCap 400	Deletion		EQT	EQT	Energy
	S&P SmallCap 600	Addition		Mister Car Wash	MCW	Consumer Discretionary
	S&P SmallCap 600	Addition		Xperi (new)	XPER	Information Technology
	S&P SmallCap 600	Addition		CBTX	CBTX	Financials
	S&P SmallCap 600	Deletion		ExlService Holdings	EXLS	Information Technology
	S&P SmallCap 600	Deletion		Allegiance Bancshares	ABTX	Financials
Oct. 4, 2022	S&P SmallCap 600	Deletion		SelectQuote	SLQT	Financials

For more information about S&P Dow Jones Indices, please visit www.spdji.com

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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.

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SOURCE S&P Dow Jones Indices

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