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Everus Construction To Be Added To The S&P SmallCap 600 Effective November 1, Replacing Clearwater Paper

Benzinga ·  Oct 30 05:21

S&P SmallCap 600 constituent MDU Resources Group is spinning off Everus Construction Group in a transaction expected to be completed on November 1.

Following the spin-off, the parent company MDU Resources Group will remain in the S&P SmallCap 600 but will change its Global Industry Classification Standard (GICS) sector from Industrials to Utilities.

Clearwater Paper is no longer representative of the small-cap market space.

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