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Knife River Set to Join S&P MidCap 400; Bank of Hawaii to Join S&P SmallCap 600

2023-05-25 18:05 ET - News Release

NEW YORK, May 25, 2023 /PRNewswire/ -- Knife River Corp. (NYSE: KNF) will be added to the S&P MidCap 400 prior to the open of trading on Thursday, June 1 following its spin-off from S&P MidCap 400 constituent MDU Resources Group Inc. (NYSE: MDU). Effective prior to the open of trading on Friday, June 2, S&P MidCap 400 constituent Bank of Hawaii Corp. (NYSE:BOH) will replace HomeStreet Inc. (NASD:HMST) in the S&P SmallCap 600. Post spin-off, parent company MDU Resources Group will remain in the S&P MidCap 400. Bank of Hawaii and HomeStreet are no longer representative of the mid and small-cap market spaces, respectively.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date     

Index Name 

Action     

Company Name     

Ticker     

GICS Sector     

June 1, 2023

S&P MidCap 400

Addition

Knife River

KNF

Materials

June 2, 2023

S&P MidCap 400

Deletion

Bank of Hawaii

BOH

Financials

June 2, 2023

S&P SmallCap 600

Addition

Bank of Hawaii

BOH

Financials

June 2, 2023

S&P SmallCap 600

Deletion

HomeStreet

HMST

Financials

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Cision View original content:https://www.prnewswire.com/news-releases/knife-river-set-to-join-sp-midcap-400-bank-of-hawaii-to-join-sp-smallcap-600-301835222.html

SOURCE S&P Dow Jones Indices

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