Veris Residential Exiting S&P SmallCap 600 on May 27 After Affinius Acquisition
VRE•Veris Residential will be removed from the S&P SmallCap 600 before trading on May 27, 2026, due to its pending acquisition by Affinius Capital and Vista Hill Partners. The deal, subject to final closing conditions, will see Veris Residential exiting the index and replaced by Universal Technical Institute.
1. Acquisition Deal
Affinius Capital and Vista Hill Partners are acquiring Veris Residential in a deal expected to complete soon, pending final closing conditions.
2. S&P SmallCap 600 Removal
Effective before trading on May 27, 2026, Veris Residential will be removed from the S&P SmallCap 600 and replaced by Universal Technical Institute, prompting index-tracking funds to rebalance and potentially affecting Veris share demand and liquidity.
