TravelCenters of America Inc. Announces Inclusion in the Russell 2000® Index
29 Juni 2021 - 2:00PM
Business Wire
TravelCenters of America Inc. (Nasdaq: TA) today announced it
has been added to the Russell 2000® Index as of June 28, 2021 as
part of Russell Investments' annual reconstitution of its
comprehensive set of U.S. and global equity indexes.
“We are pleased to be included in the Russell 2000® Index, one
of the most widely used performance benchmarks for small-cap
companies,” said Jon Pertchik, Chief Executive Officer of TA. “This
is an important milestone for TA, and we look forward to the
broadened visibility in the investment community and improved
liquidity that we expect from our inclusion in Russell’s
world-class market index.”
Russell indexes are widely used by investment managers and
institutional investors for index funds and as benchmarks for
active investment strategies. Approximately $10.6 trillion in
assets are benchmarked against Russell’s US indexes. Russell
indexes are part of FTSE Russell, a leading global index
provider.
About TravelCenters of America Inc.:
TravelCenters of America Inc. (Nasdaq: TA) is the nation's
largest publicly traded full-service travel center network. Founded
in 1972 and headquartered in Westlake, Ohio, its more than 20,000
employees serve customers in over 270 locations in 44 states and
Canada, principally under the TA®, Petro Stopping Centers® and TA
Express® brands. Offerings include diesel and gasoline fuel, truck
maintenance and repair, full-service and quick-service restaurants,
convenience stores, car and truck parking and other services
dedicated to providing great experiences for its guests. TA is
committed to sustainability, with specialized business unit, eTA,
focused on sustainable energy options for professional drivers and
motorists, while leveraging alternative energy to support its own
operations. TA operates over 600 full-service and quick-service
restaurants and 9 proprietary brands, including Iron Skillet® and
Country Pride®. For more information, visit www.ta-petro.com.
Warning Regarding Forward Looking Statements
This press release contains statements that constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995 and other securities laws.
For example, this press release states that TA expects the
broadened awareness among the investment community and improved
liquidity from its inclusion in the Russell 2000® Index. Also,
whenever TA uses words such as “believe”, “expect”, “anticipate”,
“intend”, “plan”, “estimate”, "will", “may” and negatives or
derivatives of these or similar expressions, TA is making
forward-looking statements. These forward-looking statements are
based upon TA’s present intent, beliefs or expectations, but
forward-looking statements are not guaranteed to occur and may not
occur or may not have the effects TA expects. Actual results may
differ materially from those contained in or implied by TA’s
forward-looking statements. Forward-looking statements involve
known and unknown risks, uncertainties and other factors, including
those set forth in TA’s filings with the Securities and Exchange
Commission, some of which are beyond TA’s control.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210629005174/en/
Kristin Brown, Director, Investor Relations (617) 796-8251
www.ta-petro.com
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