KEMET Corporation Set to Join S&P SmallCap 600 Index
September 28 2017 - 8:15AM
KEMET Corporation (NYSE:KEM), a leading global supplier of passive
electronic components, announced today that it is set to join the
S&P SmallCap 600 index effective prior to the opening of
trading on Monday, October 2. KEMET will be added to the S&P
SmallCap 600 Electronic Manufacturing Services GICS (Global
Industry Classification Standard) sub-Industry index.
The S&P SmallCap 600 is an index offered by S&P Dow
Jones Indices that is designed to measure the small-cap segment of
the U.S. equity market (market capitalization of $450 million to
$2.1 billion). The index has criteria that stocks must meet to
become components of the index, with the goal of ensuring that any
company in the index is financially viable and has sufficient stock
liquidity to allow index funds to invest in the stock.
About KEMET:
The Company's common stock is listed on the NYSE under the
ticker symbol "KEM" (NYSE:KEM). At the Investor Relations section
of our web site at http://www.kemet.com/IR, users may subscribe to
KEMET news releases and find additional information about our
Company. KEMET offers our customers the broadest selection of
capacitor technologies in the industry, along with an expanding
range of electromechanical devices, electromagnetic compatibility
solutions and supercapacitors. Our vision is to be the preferred
supplier of electronic component solutions demanding the highest
standards of quality, delivery and service. Additional information
about KEMET can be found at http://www.kemet.com.
About S&P Dow Jones Indices: S&P
Dow Jones Indices is the largest global resource for essential
index-based concepts, data and research, and home to iconic
financial market indicators, such as the S&P 500® and the Dow
Jones Industrial Average®. More assets are invested in products
based on its indices than products based on indices from any other
provider in the world. Since Charles Dow invented the first index
in 1884, S&P DJI has become home to over 1,000,000 indices
across the spectrum of asset classes that have helped define the
way investors measure and trade the markets. S&P Dow Jones
Indices is a division of S&P Global, which provides essential
intelligence for individuals, Companies, and governments to make
decisions with confidence. For more information, visit
http://www.spdji.com.
CAUTIONARY STATEMENT ON FORWARD-LOOKING
STATEMENTS
Certain statements included herein contain forward-looking
statements within the meaning of federal securities laws about
KEMET Corporation’s (the “Company”) financial condition and results
of operations that are based on management’s current expectations,
estimates and projections about the markets, in which the Company
operates, as well as management’s beliefs and assumptions. Words
such as “expects,” “anticipates,” “believes,” “estimates,”
variations of such words and other similar expressions are intended
to identify such forward-looking statements. These statements are
not guarantees of future performance and involve certain risks,
uncertainties and assumptions, which are difficult to predict.
Therefore, actual outcomes and results may differ materially from
what is expressed or forecasted in, or implied by, such
forward-looking statements. Readers are cautioned not to place
undue reliance on these forward-looking statements, which reflect
management’s judgment only as of the date hereof. The Company
undertakes no obligation to update publicly any of these
forward-looking statements to reflect new information, future
events or otherwise.
Certain risks and uncertainties that could cause actual outcome
and results to differ materially from those expressed in, or
implied by, these forward-looking statements are described in the
Company’s reports and filings with the Securities and Exchange
Commission.
Contact:
William M. Lowe, Jr.Executive Vice President
and Chief Financial
Officerwilliamlowe@kemet.com864-963-6484
Richard J. VatinelleVice President
and Treasurerrichardvatinelle@kemet.com954-766-2838
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