Bar Harbor Bankshares Added to Russell 2000 and Russell 3000 Indices
29 Juni 2015 - 10:05PM
Business Wire
Bar Harbor Bankshares (NYSE MKT: BHB) (the “Company”) 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 29, 2015.
The indices are comprised of publicly traded companies who meet
the criteria of the indices. Member companies are drawn from the
4000 largest U.S. 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 active investment strategies. Approximately
$5.7 trillion in assets are benchmarked to the Russell’s U.S.
indexes. Russell indexes are part of FTSE Russell, a leading global
index provider.
In making the announcement, Bar Harbor Bankshares President
& CEO, Curtis C. Simard 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 our earnings and
stock price performance.”
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 fifteen branch office locations serving downeast, midcoast and
central Maine.
About FTSE Russell
FTSE Russell is a global index leader 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 80 countries,
covering 98% of the investable market globally and trading on over
25 exchanges worldwide.
FTSE Russell index expertise and products are used extensively
by institutional and retail investors globally. Leading asset
owners, asset managers, ETF providers and investment banks use 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. 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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Bar Harbor BanksharesCurtis C. Simard,
207-288-3314President and Chief Executive Officer
Bar Harbor Bankshares (AMEX:BHB)
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