Landsea Homes Set to Join Russell 3000® Index
NEWPORT BEACH, Calif., June 15, 2021 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (Landsea Homes or the Company), a publicly traded residential homebuilder, has announced that it is set to join the broad-market Russell 3000 Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the U.S. market opens on June 28, 2021, according to a preliminary list of additions posted June 4, 2021.
- NEWPORT BEACH, Calif., June 15, 2021 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (Landsea Homes or the Company), a publicly traded residential homebuilder, has announced that it is set to join the broad-market Russell 3000 Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the U.S. market opens on June 28, 2021, according to a preliminary list of additions posted June 4, 2021.
- Membership in the U.S. all-cap Russell 3000 Index, which remains in place for one year, 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.
- Joining the Russell 3000 Index marks an important milestone in our ongoing journey as a publicly-traded company, said John Ho, CEO of Landsea Homes.
- For more information on the Russell 3000 Index and the Russell indexes reconstitution, go to the Russell Reconstitution section on the FTSE Russell website .