Del Taco Restaurants, Inc. Added to Russell 3000® Index
June 27 2016 - 7:00AM
Business Wire
Del Taco Restaurants, Inc. (“Del Taco” or the “Company”)
(NASDAQ:TACO, TACOW) today announced that its stock has been added
to the Russell 3000® Index, effective after the US market opens
today, June 27, 2016.
Annual reconstitution of the Russell US indexes captures the
4,000 largest US stocks as of the end of May, ranking them by total
market capitalization. Membership in the US all-cap Russell 3000®
Index, which remains in place for one year, means automatic
inclusion in the large-cap Russell 1000® Index or small-cap Russell
2000® Index as well as the appropriate growth and value style
indexes. FTSE Russell determines membership for its Russell indexes
by objective, market-capitalization rankings and style
attributes.
Steve Brake, the Company’s Chief Financial Officer commented,
"We are very pleased to become a member of the Russell Indexes.
Being added to these Indexes should help to increase our visibility
in the investment community and expand our investor base."
Indexes provided by FTSE Russell, a leading global index
provider, are widely used by investment managers and institutional
investors for index funds and as benchmarks for active investment
strategies. Approximately $6 trillion in assets are benchmarked
against the Russell US indexes.
For more information on the Russell 3000® Index and the Russell
US Indexes reconstitution, go to the “Russell Reconstitution”
section on the FTSE Russell website.
About Del Taco Restaurants, Inc.
At Del Taco (NASDAQ: TACO, TACOW) all menu items taste better
because they are made to order with fresh ingredients including
cheddar cheese grated from 40-pound blocks, handmade pico de gallo
salsa, lard-free beans slow-cooked from scratch, fresh sliced
avocado and marinated chicken and carne asada grilled in the
restaurant. The menu, which includes a full line of breakfast,
includes classic Mexican dishes such as tacos, burritos,
quesadillas and nachos as well as American favorites including
hamburgers, crinkle-cut fries and shakes. Del Taco's UnFreshing
Believable campaign communicates the lengths the company goes to in
order to deliver quality, made-to-order menu items created with
freshly-prepared ingredients at unbelievable prices. With nearly
550 restaurants in 16 states, Del Taco serves more than three
million guests each week. Stay up to date by following Del Taco on
Twitter, Facebook and Instagram or visit www.deltaco.com for more
information.
About FTSE Russell
FTSE Russell is a global index leader and data provider that
provides innovative benchmarking, analytics and data solutions for
investors worldwide. FTSE Russell calculates thousands of indexes
that measure and benchmark markets and asset classes in more than
70 countries, covering 98% of the investable market globally.
FTSE Russell index expertise and products are used extensively
by institutional and retail investors globally. Approximately $10
trillion is currently benchmarked to FTSE Russell indexes. For over
30 years, leading asset owners, asset managers, ETF providers and
investment banks have chosen FTSE Russell indexes to benchmark
their investment performance and create ETFs, structured products
and index-based derivatives.
A core set of universal principles guides FTSE Russell index
design and management: a transparent rules-based methodology is
informed by independent committees of leading market participants.
FTSE Russell is focused on applying the highest industry standards
in index design and governance, and embraces the IOSCO principles.
FTSE Russell is also focused on index innovation and client
collaboration as it seeks to enhance the breadth, depth and reach
of its offering.
FTSE Russell is wholly owned by London Stock Exchange Group. For
more information, visit www.ftserussell.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20160627005279/en/
ICRMedia:Julia Young, (646)
277-1280julia.young@icrinc.comorInvestor Relations:Raphael Gross,
(203) 682-8253investor@deltaco.com
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