Mar 14, 2019   SOURCE: PR NewsWire

Fox Set to Join S&P 500; Adobe to Join S&P 100

NEW YORK, March 14, 2019 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500 & S&P 100:

    --  Fox Corp. (NASD: FOXAV; FOXBV) will be added to the S&P 500 prior to the
        open of trading on Tuesday, March 19. Fox will replace Twenty-First
        Century Fox Inc. (NASD: FOXA; FOX), which will be removed from the S&P
        500 and S&P 100 effective prior to the open of trading on Wednesday,
        March 20. S&P 500 and 100 constituent The Walt Disney Co. (NYSE: DIS) is
        acquiring Twenty-First Century Fox one day after Twenty-First Fox spins
        off Fox Corp. to shareholders. For index purposes, S&P DJI considers Fox
        Corp. to be the surviving entity of Twenty-First Century Fox and
        therefore both the Class A and Class B common stock lines will continue
        to be included in the S&P 500. Effective on March 19, Twenty-First
        Century Fox will change its Class A common stock ticker from FOXA to
        TFCFA and its Class B common stock ticker from FOX to TFCF. Also
        effective on March 19, Fox Corp. will change its Class A common stock
        ticker from FOXAV to FOXA and its Class B common stock ticker from FOXBV
        to FOX.
    --  Adobe Inc. (NASD: ADBE) will replace Twenty-First Century Fox in the S&P
        100 effective prior to the open of trading on Wednesday, March 20. Post
        spin-off, the surviving Fox Corp. will no longer be representative of
        the mega-cap market space.

Fox Corp. operates as a news, sports, and entertainment company. Headquartered in New York, NY, the company will be added to the S&P 500 (Global Industry Classification Standard) GICS Broadcasting Sub-Industry index effective prior to the open of trading on Wednesday, March 20.

Adobe operates as a diversified software company and is headquartered in San Jose, CA.

Following is a summary of the changes:


                                  
           
     S&P 500 INDEX - MARCH 19, 2019

                                               ---

                              
       COMPANY     
            GICS ECONOMIC SECTOR  
       GICS SUB-INDUSTRY

                                                                                                   ---

          ADDED                 
       Fox      
            Communication Services   
       Broadcasting*

       ---                                                                                         ---


     *GICS effective March 20



                    
            
         S&P 500 INDEX - MARCH 20, 2019

                                     ---

                  
         COMPANY      
              GICS ECONOMIC SECTOR    
        GICS SUB-INDUSTRY



        DELETED 
         Twenty-First  
              Communication Services 
       Movies & Entertainment

                
         Century Fox

    ---



                         
            
         S&P 100 INDEX - MARCH 20, 2019

                                          ---

                      
          COMPANY      
              GICS ECONOMIC SECTOR     
        GICS SUB-INDUSTRY



             ADDED     
          Adobe      
              Information Technology  
        Application Software

        ---

            DELETED 
          Twenty-First  
              Communication Services 
        Movies & Entertainment

                    
          Century Fox

    ---

For more information about S&P Dow Jones Indices, please visit www.spdji.com

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500(®) and the Dow Jones Industrial Average(®). More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has become home to over 1,000,000 indices across the spectrum of asset classes that have helped define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.

FOR MORE INFORMATION:

David Blitzer

Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spglobal.com

S&P Dow Jones Indices
index_services@spglobal.com

Media Inquiries
spdji_communications@spglobal.com

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SOURCE S&P Dow Jones Indices