Bar Harbor Bankshares Added to Russell 2000 and Russell 3000 Indices
26 Juni 2009 - 10:24PM
Business Wire
Bar Harbor Bankshares (the �Company�) (NYSE Amex: BHB) the
parent company of Bar Harbor Bank & Trust, today announced that
it has been added to the Russell 2000 and Russell 3000 indices
effective after the stock market close of June 26, 2009.
The indices are comprised of publicly traded companies who meet
the criteria of the indices. Member companies are drawn from the
4000 largest companies meeting the indices� criteria as of the end
of each May and are added or deleted annually as the indices are
reconstituted each June. Russell determines membership for its
equity indices primarily by objective market capitalization
rankings and style attributes. The Russell indexes are widely used
by investment managers and institutional investors for index funds
and as benchmarks for both passive and active investment
strategies.
In making the announcement, Bar Harbor Bankshares President
& CEO, Joseph M. Murphy said, �We are very pleased with the
Company�s inclusion in these widely-recognized indices. We believe
that the Company�s inclusion reflects well upon its earnings and
stock price performance during a difficult period for the financial
services sector and the economy in general.�
About Bar Harbor Bankshares
Bar Harbor Bankshares is the parent company of its wholly owned
subsidiary, Bar Harbor Bank & Trust. Bar Harbor Bank &
Trust, founded in 1887, provides full service community banking
with twelve branch office locations serving downeast and midcoast
Maine.
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