ReposiTrak Set to Join Russell 3000® Index
2024年5月30日 - 9:00PM
ビジネスワイヤ(英語)
ReposiTrak (NYSE: TRAK), the world’s largest food traceability
and regulatory compliance network, leveraging its established
inventory management and out-of-stock reduction SaaS platform, is
set to join the broad-market Russell 3000® Index at
the conclusion of the 2024 Russell US Indexes annual
reconstitution, effective at the open of US equity markets on
Monday, July 1, according to a preliminary list of additions posted
Friday, May 24.
The annual Russell US Indexes reconstitution captures the 4,000
largest US stocks as of Tuesday, April 30, ranking them by total
market capitalization. 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. FTSE Russell determines
membership for its Russell indexes primarily by objective,
market-capitalization rankings and style attributes.
"After being added to the Russell Microcap® index last year, we
are now expected to join the larger Russell 3000 index this year, a
reflection of the financial progress we have made and our growing
presence in the food safety industry," commented Randy Fields,
chairman and CEO of ReposiTrak. "We expect inclusion in this index
will both further increase our trading liquidity and enhance
awareness for our company with institutional investors."
Russell indexes are widely used by investment managers and
institutional investors for index funds and as benchmarks for
active investment strategies. According to the data 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.
Fiona Bassett, CEO of FTSE Russell, An LSEG Business, added,
“Russell indexes–now in their 40th year–continue to evolve to
reflect the dynamic US economy. Annual rebalancing plays a vital
role in establishing accurate benchmarks, ensuring they correctly
mirror their designated market segments and remain unbiased in
terms of size and style.”
For more information on the Russell Microcap® Index and the
Russell indexes reconstitution, go to the “Russell Reconstitution”
section on the FTSE Russell website.
About ReposiTrak
ReposiTrak (NYSE: TRAK), formerly known as Park City Group,
provides retailers, suppliers and wholesalers with a robust
solution suite to help reduce risk and remain in compliance with
regulatory requirements, enhance operational controls and increase
sales with unrivaled brand protection. Consisting of three product
families – food traceability, compliance and risk management and
supply chain solutions – ReposiTrak’s integrated, cloud-based
applications are supported by an unparalleled team of experts. For
more information, please visit https://repositrak.com
Forward-Looking Statement
Any statements contained in this document that are not
historical facts are forward-looking statements as defined in the
U.S. Private Securities Litigation Reform Act of 1995. Words such
as “anticipate,” “believe,” “estimate,” “expect,” “forecast,”
“intend,” “may,” “plan,” “project,” “predict,” “if”, “should” and
“will” and similar expressions as they relate to ReposiTrak, Inc.
formerly known as Park City Group, Inc (“ReposiTrak”) are intended
to identify such forward-looking statements. ReposiTrak may from
time-to-time update these publicly announced projections, but it is
not obligated to do so. Any projections of future results of
operations should not be construed in any manner as a guarantee
that such results will in fact occur. These projections are subject
to change and could differ materially from final reported results.
For a discussion of such risks and uncertainties, see “Risk
Factors” in ReposiTrak annual report on Form 10-K, its quarterly
report on Form 10-Q, and its other reports filed with the
Securities and Exchange Commission under the Securities Exchange
Act of 1934, as amended. Readers are cautioned not to place undue
reliance on these forward-looking statements, which speak only as
of the dates on which they are made.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240530358528/en/
Investor Relations Contact: John Merrill, CFO
Investor-relations@repositrak.com
Or
FNK IR Rob Fink 646.809.4048 rob@fnkir.com
ReposiTrak (NYSE:TRAK)
過去 株価チャート
から 5 2024 まで 6 2024
ReposiTrak (NYSE:TRAK)
過去 株価チャート
から 6 2023 まで 6 2024