Standard & Poor's Dow Jones Indices said that Solventum Corp. will be included in the S&P 500 Index before the opening of the market on April 1 to replace Weifu Group. Additionally, GE Vernova Inc. will be included in the S&P 500 Index before opening on April 2 to replace Dunsborough.
The Zhitong Finance App learned that Standard & Poor's Dow Jones Indices said that Solventum Corp. (SOLV.US) will be included in the S&P 500 Index before opening on April 1 (next Monday) to replace VFC.US (VFC.US), which will be included in the S&P Small-Cap 600 Index before opening on April 3 (next Wednesday). Furthermore, GE Vernova Inc. (GEV.US) will be included in the S&P 500 index before opening on April 2 (next Tuesday), replacing Dunspac (XRAY.US), which will be included in the S&P Mid-Cap 400 Index before opening on April 3.
Standard & Poor's Dow Jones Indices said that Weifu Group will replace ModivCare Inc. (MODV.US) as a component of the S&P Small Cap 600 Index, which will also take effect before the opening of the market on April 3.
The S&P 500 Index and S&P 100 constituent stock 3M (MMM.US) are divesting Solventum, and the deal is expected to be completed on April 1. After the spin-off, parent company 3M will remain in the S&P 500 and S&P 100 indices.
Dunsborough will replace Fox Factory Holding Corp. (FOXF.US) as a component of the S&P Mid Cap 400 Index, and Fox Factory Holdings will replace The E.W. Scripps Co. (SSP.US) became a component of the S&P Small-Cap 600 Index, which also took effect before the opening of the market on April 3.
General Electric (GE.US) (GE.US), a component of the S&P 500 index and the S&P 100 index, are divesting GE Vernova, and the deal is expected to be completed on April 2. Following the spin-off, GE will change its name to GE Aerospace and will remain in the S&P 500 and S&P 100 indices.