GE and 3M Spinoffs Poised to Enter the S&P 500

GE and 3M Spinoffs Poised to Enter the S&P 500

GE Vernova and Solventum are set to join the S&P 500 index as of next week, the start of the second quarter.

GE Vernova will be the sustainable and renewable energy spin off from General Electric, a transaction that is expected to be completed on April 2, which is when it will join the index, S&P Dow Jones Indices said. It replaces Dentsply Sirona, a dental equipment maker. General Electric will change its name to GE Aerospace and remain in the S&P 500.

Solventum,…

GE

Vernova and Solventum are set to join the S&P 500 index as of next week, the start of the second quarter.

GE Vernova will be the sustainable and renewable energy spin off from

General Electric
,

a transaction that is expected to be completed on April 2, which is when it will join the index, S&P Dow Jones Indices said. It replaces

Dentsply Sirona
,

a dental equipment maker. General Electric will change its name to GE Aerospace and remain in the


S&P 500.

Solventum, a healthcare company that will be spun off from

3M

as of April 1, joins the large-cap index that day. It will replace

V.F. Corp.
,

the apparel company that makes Timberland and The North Face brands. 3M will remain in the S&P 500.

Dentsply Sirona

is moving to the


S&P MidCap 400

as of April 3, and

V.F.
Corp.

is moving to the


S&P SmallCap 600

as of April 3.

Write to Liz Moyer at liz.moyer@barrons.com

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