Courier Selected for Inclusion in Russell 3000 Index.Business Editors Courier Corporation (Nasdaq: CRRC CRRC Cool Roof Rating Council CRRC Combat Rubber Raiding Craft CRRC Caucasus Research Resource Center CRRC California Refuse Removal Council CRRC Chesapeake Regional Ranges Cooperative CRRC Construction Requirements Review Committee CRRC Combat Rigid Raiding Craft ) today announced that its common stock has been selected by the Frank Russell Frank Russell may refer to the following people:
A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. . The addition was the result of the Russell Company's annual reconstitution of its investment indices, which takes place on June 30 each year and remains in place for one year. "Courier's exceptional growth in total shareholder return over the past several years indicates that the market is responding positively to the five year string of strong operating results we have reported," said Courier Chairman and Chief Executive Officer James F. Conway. "Inclusion in these indices will provide further visibility and exposure for Courier common stock within the investment community." Membership in the Russell 3000(R) is determined strictly by market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. rankings and style attributes, rather than by subjective opinion or committee decisions. The annual reconstitution of the Russell indices captures the 3,000 largest U.S. stocks as of the end of May, ranking them by total market capitalization Total Market Capitalization The total market value of all of a firm's outstanding securities. to create the Russell 3000(R). The largest 1,000 companies in the ranking comprise the Russell 1000(R) while the remaining 2,000 companies become the Russell 2000(R). About Courier Corporation Courier Corporation publishes, prints and sells books. Headquartered in North Chelmsford, Mass., Courier has three lines of business: full-service book manufacturing, specialty publishing and customized education. For more information, visit www.courier.com. This news release includes forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . Statements that describe future expectations, plans or strategies are considered "forward-looking statements" as that term is defined under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 and releases issued by the Securities and Exchange Commission. The forward-looking statements included herein are made as of the date hereof, and the Company undertakes no obligation to update publicly such statements to reflect subsequent events or circumstances. |
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