Ardent Health Added to Russell 2000® and 3000® Indexes
30 September 2024 - 3:00PM
Business Wire
Ardent Health (NYSE: ARDT) has been added as a member of the
broad-market Russell 3000® Index and Russell 2000®, effective
Monday, September 23, 2024, as part of the quarterly U.S. Russell
Index Initial Public Offering (IPO) update.
“We are pleased to join the Russell 3000® Index and look forward
to building awareness around the Ardent growth story while
increasing our exposure to new investor audiences,” said Ardent
President and Chief Executive Officer Marty Bonick. “Ardent
Health’s inclusion is an important milestone and underscores our
strategic focus on delivering sustainable growth and value as we
build a consumer-focused ecosystem of care in the communities we
serve.”
Membership in the U.S. all-cap Russell 3000® Index, 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. 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 U.S. indexes.
Russell indexes are part of FTSE Russell, a leading global index
provider.
For more information on the Russell 2000® and 3000® Indexes and
the Russell indexes quarterly updates for IPOs, go to
https://www.lseg.com/en/ftse-russell/russell-reconstitution/ipo-additions.
About Ardent Health
Ardent Health (NYSE: ARDT) is a leading provider of healthcare
in growing mid-sized urban communities across the U.S. With a focus
on people and investments in innovative services and technologies,
Ardent is passionate about making healthcare better and easier to
access. Through its subsidiaries, the Company delivers care through
a system of 30 acute care hospitals and more than 200 sites of care
with over 1,700 affiliated providers across six states. For more
information, please visit www.ardenthealth.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240930706759/en/
Investor Contact: Dave Styblo
Investor.Relations@ardenthealth.com (615) 296-3016
Media Contact: Rebecca Kirkham
rebecca.kirkham@ardenthealth.com (615) 296-3635
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