Constellation Energy Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

NEW YORK, Jan. 26, 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:

• Constellation Energy Corp. (NASD:CEG) will replace The Gap Inc. (NYSE:GPS) in the S&P 500, The Gap will replace Jack in the Box Inc. (NASD:JACK) in the S&P MidCap 400, and Jack in the Box will replace Spectrum Pharmaceuticals Inc.(NASD:SPPI) in the S&P SmallCap 600 prior to the opening of trading on Thursday, February 3. S&P 500 and 100 constituent Exelon Corp. (NASD: EXC) is spinning off Constellation Energy in a transaction expected to be completed on February 2. Post spin-off, Exelon will remain in the S&P 500 and 100. The Gap is more representative of the mid-cap market space, and Jack in the Box is more representative of the small-cap market space. Spectrum Pharmaceuticals is no longer representative of the small-cap market space.
• S&P SmallCap 600 constituent Watts Water Technologies Inc. (NYSE:WTS) will replace Sterling Bancorp/DE (NYSE:STL) in the S&P MidCap 400, and Hostess Brands Inc. (NASD:TWNK) will replace Watts in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, February 1. Webster Financial Corp (NYSE: WBS) is acquiring Sterling Bancorp in a transaction expected to be completed soon pending final closing conditions.
• Euronet Worldwide Inc. (NASD:EEFT) will replace Compass Minerals International Inc. (NYSE:CMP) in the S&P MidCap 400, and Compass Minerals International will replace Great Western Bancorp Inc. (NYSE:GWB) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, February 1. First Interstate BancSystem Inc. (NASD: FIBK) is acquiring Great Western Bancorp in a transaction expected to be completed soon pending final closing conditions. Compass Minerals is no longer representative of the mid-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
February 1, 2022	S&P MidCap 400	Addition	Euronet Worldwide	EEFT	Information Technology
February 1, 2022	S&P MidCap 400	Addition	Watts Water Technologies	WTS	Industrials
February 1, 2022	S&P MidCap 400	Deletion	Compass Minerals	CMP	Materials
February 1, 2022	S&P MidCap 400	Deletion	Sterling Bancorp	STL	Financials
February 1, 2022	S&P SmallCap 600	Addition	Compass Minerals	CMP	Materials
February 1, 2022	S&P SmallCap 600	Addition	Hostess Brands	TWNK	Consumer Staples
February 1, 2022	S&P SmallCap 600	Deletion	Great Western Bancorp	GWB	Financials
February 1, 2022	S&P SmallCap 600	Deletion	Watts Water Technologies	WTS	Industrials
February 2, 2022	S&P 500	Addition	Constellation Energy	CEG	Utilities
February 3, 2022	S&P 500	Deletion	Gap	GPS	Consumer Discretionary
February 3, 2022	S&P MidCap 400	Addition	Gap	GPS	Consumer Discretionary
February 3, 2022	S&P MidCap 400	Deletion	Jack in the Box	JACK	Consumer Discretionary
February 3, 2022	S&P SmallCap 600	Addition	Jack in the Box	JACK	Consumer Discretionary
February 3, 2022	S&P SmallCap 600	Deletion	Spectrum Pharmaceuticals	SPPI	Health Care

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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