Henry Schein added to S&P 500
The distributor of medical, dental and veterinary supplies had more than $10.3 billion in revenue in 2014 and $466 million in profit.
Henry Schein's headquarters in Melville, New York. Credit: Google
Top healthcare supply company Henry Schein will be added to the S&P 500, the Melville, New York-based said on Monday.
Henry Schein will join the powerful stock index, which boasts the 500 top companies by market capitalization trading on the Nasdaq or the New York Stock Exchange, at close of trading on Tuesday.
"Inclusion in this prestigious index is recognition of every Team Schein Member's unwavering commitment to helping health care practitioners operate more efficient, successful practices and deliver the highest quality patient care," said chief executive Stanley M. Bergman in a statement.
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Henry Schein, one of the largest distributors of medical, dental and veterinary supplies, had more than $10.3 billion in revenue in 2014 and $466 million in profit. Its market cap was $11.4 billion at close of trading on Monday.
Henry Schein replaces Care Fusion Corp. on the index, which is being acquired by Becton, Dickinson and Co.
Twitter: @HenryPowderly
