DowDuPont Set to Join Dow Jones Industrial Average

NEW YORK, Aug. 24, 2017 /PRNewswire/ -- DowDuPont Inc. (NYSE: DWDP) will replace E. I. du Pont de Nemours and Co. (NYSE: DD) in the Dow Jones Industrial Average (DJIA) effective prior to the open of trading on Friday, September 1. The index change was prompted by the merger of The Dow Chemical Company and du Pont into one company which is effective on the same date. Replacing du Pont with the new DowDuPont allows the Dow Jones Industrial Average to maintain its exposure to the Materials sector.

DowDuPont, which will have dual headquarters in Midland, Michigan, and Wilmington, Delaware, manufactures and supplies products that are used as raw materials in the manufacture of customer's products and services.

The change won't cause any disruption in the level of the index. The divisor used to calculate the index from the component's prices on their respective home exchanges will be changed prior to the opening on September 1. This procedure prevents any distortion in the index's reflection of the portion of the U.S. stock market it is designed to measure.

For more information, please visit http://www.djaverages.com. The Dow Jones Industrial Average and Dow Jones Composite Average also are members of the Dow Jones Averages family.

Following is a summary of the change:

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SOURCE S&P Dow Jones Indices