Exterran Corp. will be added to the Alerian Energy Infrastructure Index at close of business Nov. 3, Alerian said on Nov. 2.
Exterran Corp.’s expected ticker on the New York Stock Exchange is “EXTN,” and its spinoff from Exterran Holdings was approved by Exterran Holdings’ board of directors.
After market close on Nov. 3, its shareholders are expected to receive one EXTN common share for every two Exterran Holdings shares held as of Oct. 27.
Exterran Holdings will be renamed Archrock Inc. after the spinoff is completed, and will trade on NYSE under the ticker “AROC,” the company added.
The index will not undergo a special rebalancing.
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