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S&P 500 to add 3M and GE spin-offs, replacing VF and Dentsply Sirona

Reuters
·1-min read

March 27 (Reuters) - S&P Dow Jones Indices said on Wednesday that it would add 3M spin-off Solventum Corp and General Electric spin-off GE Vernova Inc to the benchmark S&P 500 index in coming days.

Solventum, which will trade under the 'SOLV' symbol on the New York Stock Exchange (NYSE) will be added to the index on April 1, replacing VF Corp, which will move to the S&P 600 smallcap index.

GE Vernova, which will trade under the 'GEV' ticker on the NYSE, will be added to the S&P 500 on April 2, replacing Dentsply Sirona Inc, which will be moved to the S&P 400 MidCap index.

VF will replace ModivCare Inc on the S&P 600, while Dentsply Sirona will replace Fox Factory Holding.

3M's spin-off of Solventum is expected to be completed April 1, while GE's spin-off of GE Vernova is expected to be completed on April 2. (Reporting By Sinéad Carew; Editing by Jamie Freed)