Twin Disc, Inc. Joins Russell 2000® and Russell 3000® Indexes
01 Luglio 2024 - 10:15PM
Twin Disc, Inc. (NASDAQ:TWIN) announced today that it has been
added to the Russell 2000® and Russell 3000® indexes, effective
July 1, 2024.
“We are pleased to be included in the Russell indexes,
highlighting the growth that Twin Disc has achieved in recent years
through solid, consistent execution of our operational playbook,”
commented John H. Batten, President and Chief Executive Officer of
Twin Disc. “We look forward to continuing our momentum as we drive
further progress towards our strategic goals and leverage this
broadened reach into the investment community to deliver long-term
value to our shareholders.”
Russell indexes are widely used by investment managers and
institutional investors for index funds and as benchmarks for
active investment strategies. As of the end of December 2023, about
$10.5 trillion in assets are benchmarked against the Russell US
indexes, which belong to FTSE Russell, a prominent global index
provider.
Membership in the US all-cap Russell 3000® Index, which remains
in place for one year, means automatic inclusion in the large-cap
Russell 1000® Index or small-cap Russell 2000® Index as well as the
appropriate growth and value style indexes.
For more information on the Russell 2000®, the Russell 3000®,
and the Russell indexes reconstitution, please visit the FTSE
Russell website.
About Twin Disc
Twin Disc, Inc. designs, manufactures and sells marine and
heavy-duty off-highway power transmission equipment. Products
offered include marine transmissions, azimuth drives, surface
drives, propellers and boat management systems, as well as
power-shift transmissions, hydraulic torque converters, power
take-offs, industrial clutches and control systems. The Company
sells its products to customers primarily in the pleasure craft,
commercial and military marine markets, as well as in the energy
and natural resources, government and industrial markets. The
Company’s worldwide sales to both domestic and foreign customers
are transacted through a direct sales force and a distributor
network. For more information, please visit www.twindisc.com.
Investors: RiveronTwinDiscIR@riveron.com
Source: Twin Disc, Incorporated
Grafico Azioni Twin Disc (NASDAQ:TWIN)
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Da Gen 2025 a Feb 2025
Grafico Azioni Twin Disc (NASDAQ:TWIN)
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Da Feb 2024 a Feb 2025