{"id":765858,"date":"2023-06-26T07:03:42","date_gmt":"2023-06-26T11:03:42","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lsi-industries-to-join-the-russell-3000-index\/"},"modified":"2023-06-26T07:03:42","modified_gmt":"2023-06-26T11:03:42","slug":"lsi-industries-to-join-the-russell-3000-index","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lsi-industries-to-join-the-russell-3000-index\/","title":{"rendered":"LSI Industries to Join the Russell 3000\u00ae Index"},"content":{"rendered":"

<\/p>\n

LSI Industries to Join the Russell 3000\u00ae<\/sup> Index<\/b><\/p>\n

CINCINNATI–(BUSINESS WIRE<\/a>)–
\nLSI Industries Inc. (Nasdaq: LYTS, or the \u201cCompany\u201d), a leading U.S. based manufacturer of commercial lighting and display solutions, today announced that it has earned the opportunity to join the broad-market Russell 3000\u00ae<\/span><\/sup>Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the U.S. market opens on June 26, 2023, according to a preliminary list of additions posted May 19.\n<\/p>\n

\nFTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes. Russell 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 U.S. indexes. Russell indexes are part of FTSE Russell, a leading global index provider. The Russell 3000 Index measures the performance of the largest 3,000 U.S. companies.\n<\/p>\n

\n\u201cWe believe LSI remains one of the most exciting Industrial growth opportunities in the U.S. public equity markets, one defined by a multi-year track record of sustained value creation,\u201d stated James A. Clark, President and Chief Executive Officer of LSI. \u201cOur addition to the Russell 3000\u00ae<\/span><\/sup>Index is a testament to the many contributions of our employees and partners who, as one team, remain committed to building an integrated platform of scale within the advanced lighting and display solutions markets.\u201d\n<\/p>\n

\nFor 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>.\n<\/p>\n

ABOUT LSI INDUSTRIES<\/strong><\/p>\n

\nHeadquartered in Cincinnati, LSI Industries (Nasdaq: LYTS) specializes in the creation of advanced lighting, graphics, and display solutions. The company\u2019s American-made products, which include lighting, print graphics, digital graphics, refrigerated and custom displays, aim to help businesses stand out in a competitive market. With a workforce of nearly 1,600 employees and 11 facilities throughout North America, LSI is dedicated to providing top-quality solutions to its clients. Additional information about LSI is available at www.lsicorp.com<\/a>.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230626639541\/en\/<\/a><\/span><\/p>\n

INVESTOR CONTACT
\n<\/b>
Noel Ryan, IRC
\n
720.778.2415
\n
LYTS@vallumadvisors.com<\/a><\/p>\n

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

INDUSTRY KEYWORDS:<\/b> Interior Design Architecture Other Construction & Property Residential Building & Real Estate Commercial Building & Real Estate Construction & Property<\/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":"

LSI Industries to Join the Russell 3000\u00ae Index CINCINNATI–(BUSINESS WIRE)– LSI Industries Inc. (Nasdaq: LYTS, or the \u201cCompany\u201d), a leading U.S. based manufacturer of commercial lighting and display solutions, today announced that it has earned the opportunity to join the broad-market Russell 3000\u00aeIndex at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the U.S. market opens on June 26, 2023, according to a preliminary list of additions posted May 19. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes. Russell 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 U.S. … <\/p>\n

Continue reading “LSI Industries to Join the Russell 3000\u00ae Index”<\/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-765858","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nLSI Industries to Join the Russell 3000\u00ae Index - 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\/lsi-industries-to-join-the-russell-3000-index\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LSI Industries to Join the Russell 3000\u00ae Index - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"LSI Industries to Join the Russell 3000\u00ae Index CINCINNATI–(BUSINESS WIRE)– LSI Industries Inc. (Nasdaq: LYTS, or the \u201cCompany\u201d), a leading U.S. based manufacturer of commercial lighting and display solutions, today announced that it has earned the opportunity to join the broad-market Russell 3000\u00aeIndex at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the U.S. market opens on June 26, 2023, according to a preliminary list of additions posted May 19. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. 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