William Lyon Homes Set to Join S&P SmallCap 600
NEW YORK, Feb. 28, 2017 /PRNewswire/ -- William Lyon Homes (NYSE:WLH) will replace Arctic Cat Inc. (NASD:ACAT) in the S&P SmallCap 600 effective prior to the open on Monday, March 6. S&P 500 constituent Textron Inc. (NYSE:TXT) is acquiring Arctic Cat in a deal expected to be completed soon pending final closing conditions.
William Lyon Homes designs, constructs, markets, and sells single-family detached and attached homes. Headquartered in Newport Beach, CA, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Homebuilding Sub-Industry index.
Following is a summary of the change:
S&P SMALLCAP 600 INDEX – March 6, 2017 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
William Lyon Homes |
Consumer Discretionary |
Homebuilding |
DELETED |
Arctic Cat |
Consumer Discretionary |
Leisure Products |
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FOR MORE INFORMATION:
Soogyung Jordan
Global Head of Communications
New York, USA
(+1) 212 438 2297
[email protected]
David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
[email protected]
SOURCE S&P Dow Jones Indices
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