International Seaways Set to Join S&P SmallCap 600
NEW YORK, Dec. 23, 2024 /PRNewswire/ -- International Seaways Inc. (NYSE:INSW) will replace Consolidated Communications Holdings (NASD: CNSL) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, December 30. Searchlight Capital Partners and British Columbia Investment Management Corporation (BCI) are acquiring Consolidated Communications in a deal expected to be completed soon, pending final closing conditions.
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 |
Dec. 30, 2024 | S&P SmallCap 600 | Addition | International Seaways | INSW | Energy |
Dec. 30, 2024 | S&P SmallCap 600 | Deletion | Consolidated Communications | CNSL | Communication Services |
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