Safehold Set to Join S&P SmallCap 600

Date : 11/26/2019 @ 12:00AM
Source : PR Newswire (US)
Stock : Safehold Inc (SAFE)
Quote : 54.79  -2.62 (-4.56%) @ 11:00PM
Safehold share price Chart
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Last Trade
Last $ 54.79 ◊ 0.00 (0.00%)

Safehold Set to Join S&P SmallCap 600

Safehold (NYSE:SAFE)
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6 Months : From Aug 2019 to Feb 2020

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NEW YORK, Nov. 25, 2019 /PRNewswire/ -- Safehold Inc. (NYSE:SAFE) will replace Oritani Financial Corp. (NASD:ORIT) in the S&P SmallCap 600 effective prior to the open of trading on Tuesday, December 3. S&P MidCap 400 constituent Valley National Bancorp (NASD:VLY) is acquiring Oritani Financial in a transaction expected to be completed soon pending final conditions.

Safehold is a publicly traded REIT that originates and acquires ground leases. Headquartered in New York, NY, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Specialized REITs Sub-Industry index.

Following is a summary of the change:

S&P SMALLCAP 600 INDEX – December 3, 2019


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Safehold

Real Estate

Specialized REITs

DELETED

Oritani Financial

Financials

Thrifts & Mortgage Finance

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Cision View original content:http://www.prnewswire.com/news-releases/safehold-set-to-join-sp-smallcap-600-300964998.html

SOURCE S&P Dow Jones Indices

Copyright 2019 PR Newswire

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