Alaska Communications Joins Russell 2000 and 3000 Indexes
June 29 2020 - 4:05PM
Business Wire
Alaska Communications (NASDAQ: ALSK) has been added as a member
of the small-cap Russell 2000® Index and broad-market Russell 3000®
Index, effective after the US market opens on June 29, as part of
the 2020 Russell indexes reconstitution. The stock also was
automatically added to the appropriate growth and value
indexes.
“Alaska Communications is pleased to join the Russell 3000 and
2000 indexes. We believe our inclusion provides greater visibility
and exposure to investors,” said Bill Bishop, Alaska Communications
president and CEO.
Russell 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 US indexes. Russell indexes are
part of FTSE Russell, a leading global index provider.
For more information on the Russell indexes reconstitution, go
to the “Russell Reconstitution” section on the FTSE Russell
website.
About Alaska Communications
Alaska Communications (NASDAQ: ALSK) is the leading provider of
advanced broadband and managed IT services for businesses and
consumers in Alaska. The company operates a highly reliable,
advanced statewide data network with the latest technology and the
most diverse undersea fiber optic system connecting Alaska to the
contiguous U.S. For more information, visit
www.AlaskaCommunications.com or www.alsk.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20200629005773/en/
Investor Contact: Tiffany Smith, 907-564-7556 Manager,
Board and Investor Relations investors@acsalaska.com
Media Contact: Heather Cavanaugh, 907-564-7722 Director,
External Affairs and Corporate Communications
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