Graham Corporation Set To Join Russell 2000® and 3000® Indexes
28 Giugno 2024 - 2:30PM
Business Wire
Graham Corporation (NYSE: GHM) (“GHM” or “the Company”), a
global leader in the design and manufacture of mission critical
fluid, power, heat transfer and vacuum technologies for the
defense, space, energy, and process industries, today announced it
will be added to the Russell 2000® and Russell 3000® Indexes,
effective after the close of financial markets on June 28,
2024.
“The inclusion in the Russell Indexes marks another milestone
for GHM, recognizing the meaningful progress we have made in
executing our strategy to drive revenue growth and enhance
profitability,” commented Dan Thoren, President and Chief Executive
Officer. “We believe that being part of the Russell indexes will
increase our visibility within the investment community, improve
our liquidity, and attract a broader range of investors.”
Membership in the U.S. Russell 3000® Index, which remains in
place for one year, means automatic inclusion in the small-cap
Russell 2000® Index, as well as the appropriate growth and value
style indexes. The annual Russell indexes reconstitution captures
the largest U.S. stocks by market capitalization.
Russell indexes are widely used by investment managers and
institutional investors for index funds and as benchmarks for
active investment strategies. Approximately $9.1 trillion in assets
are benchmarked against Russell’s U.S. indexes. Russell indexes are
part of FTSE Russell, a leading global index provider. For more
information on the Russell 3000® Index and the Russell indexes
reconstitution, go to the “Russell Reconstitution” section on the
FTSE Russell website.
About Graham Corporation
GHM is a global leader in the design and manufacture of mission
critical fluid, power, heat transfer and vacuum technologies for
the defense, space, energy, and process industries. The Graham
Manufacturing and Barber-Nichols’ global brands are built upon
world-renowned engineering expertise in vacuum and heat transfer,
cryogenic pumps, and turbomachinery technologies, as well as its
responsive and flexible service and the unsurpassed quality
customers have come to expect from the Company’s products and
systems. Graham Corporation routinely posts news and other
important information on its website, grahamcorp.com, where
additional information on Graham Corporation and its businesses can
be found.
Safe Harbor Regarding Forward Looking Statements
This news release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements are subject to risks, uncertainties and
assumptions and are identified by words such as “believe,” “will,”
and other similar words. Because they are forward-looking, they
should be evaluated in light of important risk factors and
uncertainties. These risk factors and uncertainties are more fully
described in Graham Corporation’s most recent Annual Report filed
with the Securities and Exchange Commission, including under the
heading entitled “Risk Factors,” its quarterly reports on Form
10-Q, and other filings it makes with the Securities and Exchange
Commission. Should one or more of these risks or uncertainties
materialize or should any of Graham Corporation’s underlying
assumptions prove incorrect, actual results may vary materially
from those currently anticipated. In addition, undue reliance
should not be placed on Graham Corporation’s forward-looking
statements. Except as required by law, Graham Corporation disclaims
any obligation to update or publicly announce any revisions to any
of the forward-looking statements contained in this news
release.
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version on businesswire.com: https://www.businesswire.com/news/home/20240628660238/en/
Christopher J. Thome Vice President - Finance and CFO Phone:
(585) 343-2216
Deborah K. Pawlowski Kei Advisors LLC Phone: (716) 843-3908
dpawlowski@keiadvisors.com
Grafico Azioni Graham (NYSE:GHM)
Storico
Da Dic 2024 a Gen 2025
Grafico Azioni Graham (NYSE:GHM)
Storico
Da Gen 2024 a Gen 2025