{"id":759819,"date":"2023-05-22T08:36:30","date_gmt":"2023-05-22T12:36:30","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/american-express-global-business-travel-expected-to-join-the-russell-2000-and-3000-indexes\/"},"modified":"2023-05-22T08:36:30","modified_gmt":"2023-05-22T12:36:30","slug":"american-express-global-business-travel-expected-to-join-the-russell-2000-and-3000-indexes","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/american-express-global-business-travel-expected-to-join-the-russell-2000-and-3000-indexes\/","title":{"rendered":"American Express Global Business Travel Expected to Join the Russell 2000\u00ae and 3000\u00ae Indexes"},"content":{"rendered":"

<\/p>\n

American Express Global Business Travel Expected to Join the Russell 2000\u00ae<\/sup> and 3000\u00ae<\/sup> Indexes<\/b><\/p>\n

NEW YORK–(BUSINESS WIRE<\/a>)–
\nAmerican Express Global Business Travel, which is operated by Global Business Travel Group, Inc. (NYSE: GBTG) (\u201cAmex GBT\u201d or the \u201cCompany\u201d), the world\u2019s leading B2B travel platform, today announced it is expected to join the Russell 2000\u00ae <\/sup>and 3000\u00ae<\/span><\/sup>Indexes on June 23, 2023, after the market closes, according to a preliminary list of additions posted by the FTSE Russell on May 19, 2023.<\/p>\n

\nAnnual Russell indexes reconstitution captures the 4,000 largest US stocks as of April 28, 2023, ranking them by total market capitalization. Membership in the US all-cap Russell 3000\u00ae<\/sup> Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000\u00ae<\/span><\/sup> Index or small-cap Russell 2000\u00ae<\/span><\/sup> 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.<\/p>\n

\nRussell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $12.1 trillion in assets are benchmarked against Russell\u2019s US indexes. Russell indexes are part of FTSE Russell, a leading global index provider.<\/p>\n

\nThe information contained in the press release regarding FTSE Russell and the Russell indexes was supplied by FTSE Russell. For more information on the Russell 3000\u00ae<\/sup> Index and the Russell indexes reconstitution, go to the \u201cRussell Reconstitution\u201d section on the FTSE Russell website<\/a>.<\/p>\n

About American Express Global Business Travel<\/b><\/p>\n

\nAmerican Express Global Business Travel is the world\u2019s leading B2B travel platform, providing software and services to manage travel, expenses, and meetings & events for companies of all sizes. We have built the most valuable marketplace in B2B travel to deliver unrivalled choice, value and experiences. With travel professionals in more than 140 countries, our customers and travelers enjoy the powerful backing of American Express Global Business Travel.<\/p>\n

\nVisit amexglobalbusinesstravel.com<\/a> for more information about Amex GBT. Follow @amexgbt on Twitter<\/a>, LinkedIn<\/a> and Instagram<\/a>.<\/p>\n

About FTSE Russell<\/b><\/p>\n

\nFTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally.<\/p>\n

\nFTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $20.1 trillion is currently benchmarked to FTSE Russell indexes. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives.<\/p>\n

\nA core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.<\/p>\n

\nFTSE Russell is wholly owned by London Stock Exchange Group.<\/p>\n

\nFor more information, visit www.ftserussell.com<\/a>.<\/p>\n

Forward-Looking Statements<\/b><\/p>\n

\nAs the list of additions posted by FTSE Russell on May 19, 2023 is preliminary, the Company can make no assurances that it will be included in the final Russell 2000\u00ae <\/sup>and 3000\u00ae<\/span><\/sup>Indexes on June 23, 2023.<\/p>\n

\nThis communication contains statements that are forward-looking and as such are not historical facts. These statements constitute projections, forecasts and forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words \u201canticipate,\u201d \u201cbelieve,\u201d \u201ccontinue,\u201d \u201ccould,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201cmay,\u201d \u201cmight,\u201d \u201cplan,\u201d \u201cpossible,\u201d \u201cpotential,\u201d \u201cpredict,\u201d \u201cproject,\u201d \u201cshould,\u201d \u201cwill,\u201d \u201cwould\u201d and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.<\/p>\n

\nThe forward-looking statements contained in this communication are based on our current expectations and beliefs concerning future developments and their potential effects on us. There can be no assurance that future developments affecting us will be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, the risk that FTSE Russell may determine not to include the Company in the final Russell 2000\u00ae<\/sup> and 3000\u00ae<\/sup> Indexes on June 23, 2023. Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual events may vary in material respects from those expected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230522005216\/en\/<\/a><\/span><\/p>\n

Media:
\n<\/b>
Martin Ferguson
\n
Vice President, Global Communications and Public Affairs, American Express Global Business Travel
\n
martin.ferguson@amexgbt.com<\/a><\/p>\n

Investors<\/b>:
\n
Barry Sievert
\n
Vice President Investor Relations
\n
investor@amexgbt.com<\/a><\/p>\n

KEYWORDS:<\/b> New York United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Finance Consulting Banking Professional Services Transportation Lodging Destinations Travel Cruise<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

American Express Global Business Travel Expected to Join the Russell 2000\u00ae and 3000\u00ae Indexes NEW YORK–(BUSINESS WIRE)– American Express Global Business Travel, which is operated by Global Business Travel Group, Inc. (NYSE: GBTG) (\u201cAmex GBT\u201d or the \u201cCompany\u201d), the world\u2019s leading B2B travel platform, today announced it is expected to join the Russell 2000\u00ae and 3000\u00aeIndexes on June 23, 2023, after the market closes, according to a preliminary list of additions posted by the FTSE Russell on May 19, 2023. Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of April 28, 2023, ranking them by total market capitalization. Membership in the US all-cap Russell 3000\u00ae Index, which remains in place for one year, means automatic inclusion in … <\/p>\n

Continue reading “American Express Global Business Travel Expected to Join the Russell 2000\u00ae and 3000\u00ae Indexes”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-759819","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAmerican Express Global Business Travel Expected to Join the Russell 2000\u00ae and 3000\u00ae Indexes - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/american-express-global-business-travel-expected-to-join-the-russell-2000-and-3000-indexes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"American Express Global Business Travel Expected to Join the Russell 2000\u00ae and 3000\u00ae Indexes - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"American Express Global Business Travel Expected to Join the Russell 2000\u00ae and 3000\u00ae Indexes NEW YORK–(BUSINESS WIRE)– American Express Global Business Travel, which is operated by Global Business Travel Group, Inc. (NYSE: GBTG) (\u201cAmex GBT\u201d or the \u201cCompany\u201d), the world\u2019s leading B2B travel platform, today announced it is expected to join the Russell 2000\u00ae and 3000\u00aeIndexes on June 23, 2023, after the market closes, according to a preliminary list of additions posted by the FTSE Russell on May 19, 2023. Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of April 28, 2023, ranking them by total market capitalization. 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