NCS Multistage Holdings, Inc. Set to Join Russell 3000® Index
16 6월 2017 - 6:00AM
NCS Multistage Holdings, Inc. (“NCS” or the “Company”)
(NASDAQ:NCSM) is scheduled to join the Russell 3000® Index,
effective after the US market opens on June 26 according to a
preliminary list of additions posted June 9.
NCS’s Chief Executive Officer, Robert Nipper,
commented, “We believe that joining the Russell 3000® Index will
drive increased awareness for our Company among the investment
community, while providing additional liquidity in our shares and
the opportunity to add value for our shareholders.”
Russell indexes are widely used by investment
managers and institutional investors for index funds and as
benchmarks for investment strategies. Approximately $8.4 trillion
in assets are benchmarked against Russell’s US indexes. Each June,
the Russell US Indexes are realigned and recalibrated to reflect
market changes in the past year. The final index membership lists
will be posted online at www.ftserussell.com, on Monday, June
26.
NCS Multistage Holdings, Inc. is a leading provider
of highly engineered products and support services that facilitate
the optimization of oil and natural gas well completions and field
development strategies. The Company provides products and services
to exploration and production companies for use in horizontal wells
in unconventional oil and natural gas formations throughout North
America and in selected international markets, including Argentina,
China and Russia. The Company’s common stock is traded on the
NASDAQ Global Select Market under the symbol “NCSM.” Additional
information is available on the Company’s website,
www.ncsmultistage.com.
Forward Looking Statements
This press release contains forward-looking
statements. Examples of forward-looking statements include, but are
not limited to, statements we make regarding inclusion in the
Russell index identified above. Forward-looking statements are
based on our current expectations and assumptions regarding our
business, the economy and other future conditions. Because
forward-looking statements relate to the future, by their nature,
they are subject to inherent uncertainties, risks and changes in
circumstances that are difficult to predict. As a result, our
actual results may differ materially from those contemplated by the
forward-looking statements. Factors that could cause our actual
results to differ materially from the results contemplated by such
forward-looking statements include, but are not limited to the
factors discussed or referenced in our filings made from time to
time with the Securities and Exchange Commission. Any
forward-looking statement made by us in this press release speaks
only as of the date on which we make it. Factors or events that
could cause our actual results to differ may emerge from time to
time, and it is not possible for us to predict all of them. We
undertake no obligation to publicly update or revise any
forward-looking statement, whether as a result of new information,
future developments or otherwise, except as may be required by
law.
Contact:
Ryan Hummer
Chief Financial Officer
(281) 453-2222
IR@ncsmultistage.com
NCS Multistage (NASDAQ:NCSM)
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NCS Multistage (NASDAQ:NCSM)
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