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Everus to replace Clearwater Paper in the S&P 600 at open on 11/1
The Fly

Everus to replace Clearwater Paper in the S&P 600 at open on 11/1

Everus Construction Group (ECG) will be added to the S&P SmallCap 600 effective prior to the opening of trading on Friday, November 1, replacing Clearwater Paper Corp. (CLW), which will be removed from the S&P SmallCap 600 effective prior to the opening of trading on Monday, November 4. S&P SmallCap 600 constituent MDU Resources Group (MDU) 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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