Creative Realities Inc. (CREX) Added to Russell Microcap Index

July 8, 2024 7:01 AM UTC

Creative Realities, Inc. (NASDAQ: CREX), a leading provider of digital signage and media solutions, was added as a member of the Russell Microcap® Index, effective after the US market opened on July 1, as part of the 2024 Russell indexes reconstitution.

The annual Russell US Indexes reconstitution captures the 4,000 largest US stocks as of Tuesday, April 30th, ranking them by total market capitalization. Membership in the Russell Microcap® Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.

“We are pleased to confirm our inclusion in the Russell Microcap Index, which effectively serves as an acknowledgment of the success of our value creation strategy and improved underlying performance,” said Rick Mills, Chief Executive Officer. “This designation provides increased exposure of the Company’s stock to a broader number of funds and institutional investors, who may actively purchase equities to mimic the Russell index composition. Coming in conjunction with projected record results this year, our inclusion in this index brings new opportunities to accelerate shareholder value and expand the base of accredited investors taking an interest in our Company and its future.”

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Russell’s US indexes serve as the benchmark for about $10.5 trillion in assets as of the close of December 2023. Russell indexes are part of FTSE Russell, a leading global index provider.

Fiona Bassett, CEO of FTSE Russell, an LSEG Business, comments, “Russell indexes – now in their 40th year – continue to evolve to reflect the dynamic US economy. Annual rebalancing plays a vital role in establishing accurate benchmarks, ensuring they correctly mirror their designated market segments and remain unbiased in terms of size and style.”

For more information on the Russell Microcap® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.



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