Campbell’s to Exit S&P 500, Join SmallCap 600 on June 22
CPB•Campbell’s Company will be removed from the S&P 500 and added to the S&P SmallCap 600 before market open on Monday, June 22. This follows S&P Dow Jones Indices’ decision to add Marvell Technology and Flex to the S&P 500, preserving midcap index balance.
1. Index Rebalancing Details
On June 22, Campbell’s Company will officially leave the S&P 500 and become a constituent of the S&P SmallCap 600 index. Marvell Technology and Flex will take its place in the large-cap benchmark before the opening bell.
2. S&P’s Methodology
S&P Dow Jones Indices performs quarterly reviews to ensure benchmarks reflect targeted market-cap ranges. Campbell’s repositioning reflects its relative market capitalization compared with the incoming constituents.
3. Potential Market Impact
Removal from the S&P 500 may reduce demand from large-cap passive funds, while inclusion in the SmallCap 600 could draw interest from small-cap investors and influence trading volumes.
