Centuri Holdings, Inc. Joins the Russell 2000® Index
July 01 2024 - 7:00AM
Business Wire
Centuri Holdings, Inc. (NYSE: CTRI) (“Centuri”), a leading,
pure-play North American utility infrastructure services company,
today announced that, as part of the annual reconstitution of the
Russell stock indexes, Centuri has been added to the Russell 2000®
Index effective at the open of U.S. equity markets today, July 1,
2024.
The annual Russell US Indexes reconstitution captures the 4,000
largest US stocks as of Tuesday, April 30, ranking them by total
market capitalization. Membership in the Russell 2000® Index, which
remains in place for one year, means automatic inclusion in the
appropriate growth and value style indexes. FTSE Russell determines
membership for its Russell indexes primarily by objective,
market-capitalization rankings, and style attributes.
Russell indexes are widely used by investment managers and
institutional investors for index funds and as benchmarks for
active investment strategies. According to the data as of the end
of December 2023, about $10.5 trillion in assets are benchmarked
against the Russell US indexes, which belong to FTSE Russell, a
prominent global index provider.
For more information on the Russell 2000® Index and the Russell
indexes reconstitution, go to the “Russell Reconstitution” section
on the FTSE Russell website.
About Centuri
Centuri Holdings, Inc. is a strategic utility infrastructure
services company that partners with regulated utilities to build
and maintain the energy network that powers millions of homes and
businesses across the United States and Canada.
Forward-Looking Statements
This press release may contain forward-looking statements within
the meaning of the U.S. Private Securities Litigation Reform Act of
1995, Section 27A of the Securities Act, and Section 21E of the
Securities Exchange Act of 1934, as amended. These forward-looking
statements can often be identified by the use of words such as
“will,” “predict,” “continue,” “forecast,” “expect,” “believe,”
“anticipate,” “outlook,” “could,” “target,” “project,” “intend,”
“plan,” “seek,” “estimate,” “should,” “may” and “assume,” as well
as variations of such words and similar expressions referring to
the future. Forward-looking statements could include (without
limitation) statements regarding our confidence in our prospects to
deliver value for our stockholders as an independent standalone
company and our expectation to continue to build on our track
record of delivering consistent growth by serving our customers
across the utility value chain. A number of important factors
affecting the business and financial results of Centuri could cause
actual results to differ materially from those stated in any
forward-looking statements. These factors include, but are not
limited to, capital market risks and the impact of general economic
or industry conditions. Factors that could cause actual results to
differ also include (without limitation) those discussed in
Centuri’s filings filed from time to time with the SEC. The
statements in this press release are made as of the date of this
press release, even if subsequently made available by Centuri on
its website or otherwise. Centuri does not assume any obligation to
update any forward-looking statements, whether written or oral,
that may be made from time to time, whether as a result of new
information, future developments, or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20240701170126/en/
For Centuri Shareholders, contact:
(623) 879-3700 Investors@Centuri.com
For Centuri media information, contact:
Jennifer Russo (602) 781-6958 JRusso@Centuri.com
Centuri (NYSE:CTRI)
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