NEW YORK, July 31, 2018 /PRNewswire/ -- Triumph Bancorp Inc. (NASD: TBK) will replace Abaxis Inc. (NASD: ABAX) in the S&P SmallCap 600 effective prior to the open of trading on Monday, August 6. S&P 500 constituent Zoetis Inc. (NYSE: ZTS) is acquiring Abaxis in a deal expected to be completed soon pending final conditions.
Triumph Bancorp provides banking and commercial finance products and services. Headquartered in Dallas, TX, the company will be added to the S&P SmallCap 600 GICS Regional Banks Sub-Industry index.
Following is a summary of the change:
S&P SMALLCAP 600 INDEX – AUGUST 6, 2018 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
Triumph |
Financials |
Regional Banks |
DELETED |
Abaxis |
Health Care |
Health Care Equipment |
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