Overseas Shipholding Group Announces Addition to Wilshire 5000 Total Market IndexSM
23 Maggio 2016 - 10:05PM
Business Wire
Overseas Shipholding Group, Inc. (NYSE MKT:OSG, OSGB) (the
“Company” or “OSG”) announced today that it was added to the
Wilshire 5000 Total Market IndexSM (Wilshire 5000) effective after
the markets’ close on Friday, May 20, 2016 in conjunction with the
monthly additions and deletions of the index.
“We are very pleased with our inclusion in the Wilshire 5000
Total Market IndexSM,” said Captain Ian T. Blackley, OSG’s
president and CEO. “The addition of OSG to the Wilshire 5000 will
enhance our visibility within the investment community and provide
an opportunity to broaden our shareholder base.”
The Wilshire 5000, the original pure and complete measure of the
U.S. stock market, was developed in 1974 by Dennis A. Tito,
chairman and chief executive officer of Wilshire Associates
Incorporated (Wilshire®). It is widely considered the best way to
track the broad U.S. equities market and estimate market value
changes. More information about the Wilshire 5000 can be found at
www.wilshire.com/indexinfo.
About OSG
Overseas Shipholding Group, Inc. (NYSE MKT:OSG, OSGB) is a
publicly traded tanker company providing energy transportation
services for crude oil and petroleum products in the U.S. and
International Flag markets. OSG is committed to setting high
standards of excellence for its quality, safety and environmental
programs. OSG is recognized as one of the world’s most
customer-focused marine transportation companies and is
headquartered in New York City, NY. More information is available
at www.osg.com.
About Wilshire Associates
Wilshire Associates, a leading global, independent investment
consulting and services firm, provides consulting services,
analytics solutions and customized investment products to plan
sponsors, investment managers and financial intermediaries. Its
business units include, Wilshire Analytics, Wilshire Consulting,
Wilshire Funds Management and Wilshire Private Markets.
The firm was founded in 1972, providing revolutionary technology
and acting as an early innovator in the application of investment
analytics and research to investment managers in the institutional
marketplace. Wilshire also is credited with helping to develop the
field of quantitative investment analysis that uses mathematical
tools to analyze market risks. All other business units evolved
from Wilshire’s strong analytics foundation. Wilshire developed the
Wilshire 5000 Total Market Index and became an early innovator in
creating integrated asset/liability analysis/simulation models as
well as practical models in risk budgeting through beta and active
risk analysis. Wilshire has grown to a firm of approximately 300
employees serving the needs of investors around the world.
Based in Santa Monica, California, Wilshire serves in excess of
500 clients across 20 countries with combined assets exceeding $8
trillion*. With ten offices on four continents, Wilshire Associates
and its affiliates are dedicated to providing clients with the
highest quality counsel, products and services. Wilshire® and
Wilshire 5000® are registered service marks of Wilshire Associates
Incorporated. Wilshire 5000 Total Market Index℠, Wilshire US
Micro-Cap Index℠, Wilshire US Large-Cap Value Index℠, Wilshire US
Large-Cap Growth Index℠, Wilshire US Small-Cap Growth Index℠ and
Wilshire US Small-Cap Value Index℠, Wilshire US Real Estate
Securities Index℠ and Wilshire ex-US Real Estate Securities Index℠
are service marks of Wilshire Associates Incorporated.
*Client assets are as represented by Pensions and Investments,
detailed in P&I’s “Largest Retirement Funds” and P&I’s
“Largest Money Managers (U.S. institutional tax-exempt assets)” as
of 9/30/14 and 12/31/14, and published 2/9/15 and 5/18/15,
respectively).
Forward-Looking Statements
This release contains forward-looking statements. In addition,
the Company may make or approve certain statements in future
filings with the Securities and Exchange Commission (SEC), in press
releases, or in oral or written presentations by representatives of
the Company. All statements other than statements of historical
facts should be considered forward-looking statements. These
matters or statements may relate to the Company’s plans to issue
dividends and make payments to securityholders, its prospects,
including statements regarding trends in the tanker and articulated
tug/barge markets, and possibilities of certain strategic alliances
and investments. Forward-looking statements are based on the
Company’s current plans, estimates and projections, and are subject
to change based on a number of factors. Investors should carefully
consider the risk factors outlined in more detail in the Company’s
Annual Report for 2015 on Form 10-K under the caption “Risk
Factors” and in similar sections of other filings made by the
Company with the SEC from time to time. The Company assumes no
obligation to update or revise any forward-looking statements.
Forward-looking statements and written and oral forward looking
statements attributable to the Company or its representatives after
the date of this release are qualified in their entirety by the
cautionary statements contained in this paragraph and in other
reports previously or hereafter filed by the Company with the
SEC.
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version on businesswire.com: http://www.businesswire.com/news/home/20160523006123/en/
Investor Relations & Media:Overseas Shipholding
Group, Inc.Brian Tanner, 212-578-1645btanner@osg.com
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