NEW YORK, Aug. 17, 2023 /PRNewswire/ — Dolby Laboratories Inc. (NYSE:DLB) will replace Staar Surgical Co. (NASD:STAA) in the S&P MidCap 400 and Staar Surgical will replace Urstadt Biddle Properties Inc. (NYSE:UBA) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, August 22. S&P 500 constituent Regency Centers Corp. (NASD: REG) will acquire Urstadt Biddle Properties in a transaction expected to close soon pending final closing conditions. Staar Surgical is more representative of the small-cap market space.
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 |
August 22, 2023 |
S&P MidCap 400 |
Addition |
Dolby Laboratories |
DLB |
Information Technology |
S&P MidCap 400 |
Deletion |
Staar Surgical |
STAA |
Health Care |
|
S&P SmallCap 600 |
Addition |
Staar Surgical |
STAA |
Health Care |
|
S&P SmallCap 600 |
Deletion |
Urstadt Biddle Properties |
UBA |
Real Estate |
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