15-02-2018
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PR Newswire


Seacoast Banking Corporation of Florida Set to Join S&P SmallCap 600

 (01:28 Hrs. IST) 

NEW YORK, Feb. 14, 2018 /PRNewswire/ -- Seacoast Banking Corporation of Florida (NASD: SBCF) will replace Deltic Timber Corp. (NYSE:DEL) in the S&P SmallCap 600 effective prior to the open of trading on Wednesday, February 21. S&P MidCap 400 constituent Potlatch Corp. (NASD:PCH) is acquiring Deltic Timber in a transaction expected to be completed on or about February 20 pending final approvals.

Seacoast Banking is a community bank providing financial services.  Headquartered in Stuart, FL, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Regional Banks Sub-Industry index.

Following is a summary of the change:

S&P SMALLCAP 600 INDEX ' FEBRUARY 21, 2018


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Seacoast Banking

Financials

Regional Banks

DELETED

Deltic Timber

Materials

Forest Products

 

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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.

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FOR MORE INFORMATION:

David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907<48>david.blitzer@spglobal.com

S&P Dow Jones Indices<51>index_services@spglobal.com

Media Inquiries<54>spdji_communications@spglobal.com

View original content:www.prnewswire.com/news-releases/seacoast-banking-corporation-of-florida-set-to-join-sp-smallcap-600-300599117.html

SOURCE S&P Dow Jones Indices




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