Worthington Steel Set to Join S&P SmallCap 600

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November 28, 2023 5:44 PM EST

NEW YORK, Nov. 28, 2023 /PRNewswire/ -- Worthington Steel Inc. (NYSE: WS) will be added to the S&P SmallCap 600 effective prior to the open of trading on Friday, December 1, replacing Sleep Number Corp. (NASD: SNBR) which will be removed from the S&P SmallCap 600 effective before the open of trading on Monday, December 4. S&P SmallCap 600 constituent Worthington Industries Inc. (NYSE: WOR) is spinning off Worthington Steel in a transaction expected to be completed on December 1. Post spin-off, the parent Worthington Industries will remain in the S&P SmallCap 600 and will change its name to Worthington Enterprises Inc. It will also have a GICS sector change to Consumer Discretionary. Sleep Number 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

December 1, 2023

S&P SmallCap 600

Addition

Worthington Steel

WS

Materials

December 4, 2023

S&P SmallCap 600

Deletion

Sleep Number

SNBR

Consumer Discretionary


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Cision View original content:https://www.prnewswire.com/news-releases/worthington-steel-set-to-join-sp-smallcap-600-301999884.html

SOURCE S&P Dow Jones Indices


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