Par Pacific Holdings and Photronics Set to Join S&P SmallCap 600

NEW YORK, Sept. 28, 2017 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes in the S&P SmallCap 600 effective prior to the open of trading on Friday, October 6:

• Par Pacific Holdings Inc. (NYSE American: PARR) will replace Forestar Group Inc. (NYSE: FOR). D.R. Horton Inc. (NYSE: DHI) is acquiring 75% of the outstanding shares of Forestar in a deal expected to be completed soon pending final conditions. Post acquisition, Forestar's publicly available float will drop well below 50%, making it ineligible for continued inclusion the S&P SmallCap 600.
• Photronics Inc. (NASD: PLAB) will replace Atwood Oceanics Inc. (NYSE: ATW). Ensco plc (NYSE: ESV) is acquiring Atwood Oceanics in a deal expected to be completed soon pending final closing conditions.

Par Pacific Holdings owns, manages and maintains interests in energy and infrastructure businesses.  Headquartered in Houston, TX, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Oil & Gas Refining & Marketing Sub-Industry index.

Photronics is a manufacturer of photomasks. Headquartered in Brookfield, CT, the company will be added to the S&P SmallCap 600 GICS Semiconductor Equipment Sub-Industry index.

Following is a summary of the changes:

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[email protected]

David BlitzerManaging Director and Chairman of the Index CommitteeNew York, USA(+1) 212 438 3907[email protected]

Soogyung JordanGlobal Head of CommunicationsNew York, USA(+1) 212 438 2297[email protected]

Luke ShaneNorth America Communications New York, USA(+1) 212 438 8184[email protected]

Haw-Yan ManEMEA Communications London, UK(+44) 207 176 3023[email protected]

Cecilia HoAsia Pacific Communications Hong Kong, HK(+852) 2532 8061[email protected]

View original content:http://www.prnewswire.com/news-releases/par-pacific-holdings-and-photronics-set-to-join-sp-smallcap-600-300528005.html

SOURCE S&P Dow Jones Indices