Ultralife Corporation Announces Addition to the Russell 2000® Index
June 29 2020 - 7:00AM
Ultralife Corporation (NASDAQ: ULBI) today announced it has
been added to the Russell 2000® Index as part of the 2020 Russell
U.S. Indexes annual reconstitution, effective as the U.S. market
opens today.
“Our inclusion in the Russell 2000® Index, one
of the most widely used performance benchmarks for small-cap
companies, is an important milestone for Ultralife. We
welcome the enhanced visibility within the investment community of
our long-term, leveraged earnings growth prospects,” said Michael
D. Popielec, President and Chief Executive Officer.
Russell U.S. indexes are widely used by
investment managers and institutional investors for index funds and
as benchmarks for active investment strategies. Approximately $9
trillion in assets are benchmarked against Russell’s U.S. indexes.
Russell indexes are part of FTSE Russell, a leading global index
provider.
About Ultralife Corporation
Ultralife Corporation serves its markets with
products and services ranging from power solutions to
communications and electronics systems. Through its engineering and
collaborative approach to problem solving, Ultralife serves
government, defense and commercial customers across the globe.
Headquartered in Newark, New York, the Company's
business segments include Battery & Energy Products and
Communications Systems. Ultralife has operations in North America,
Europe and Asia. For more information, visit
www.ultralifecorporation.com.
About FTSE Russell
FTSE Russell is a global index leader that
provides innovative benchmarking, analytics and data solutions used
extensively by institutional and retail investors globally. For
over 30 years, leading asset owners, asset managers, ETF providers
and investment banks have used FTSE Russell indexes to benchmark
their investment performance and create investment funds, ETFs, and
index-based products.
FTSE Russell is wholly owned by London Stock
Exchange Group. For more information, visit
www.ftserussell.com.
Company Contact: |
Investor Relations Contact: |
Ultralife Corporation |
LHA |
Philip A. Fain |
Jody Burfening |
(315) 210-6110 |
(212) 838-3777 |
pfain@ulbi.com |
jburfening@lhai.com |
Ultralife (NASDAQ:ULBI)
Historical Stock Chart
From Aug 2024 to Sep 2024
Ultralife (NASDAQ:ULBI)
Historical Stock Chart
From Sep 2023 to Sep 2024