CLEARWATER, Fla .– (COMMERCIAL THREAD) – Digital Media Solutions, Inc. (NYSE: DMS), a leading provider of technology-based performance digital advertising solutions connecting consumers and advertisers, has been selected to join the Russell 3000 Index Â®
CLEARWATER, Fla .– (COMMERCIAL THREAD) – Digital Media Solutions, Inc. (NYSE: DMS), a leading provider of technology-based performance digital advertising solutions connecting consumers and advertisers, has been selected to join the Russell 3000 Index Â® on a large scale at the end of the 2021 edition. Russell indexes the annual replenishment. The newly reconstituted indices will go into effect after the US market opens on June 28.
“We are delighted to have been selected to join the Russell 3000Â® Index almost a year after our listing on the NYSE. The addition of DMS to this prestigious list marks another step forward for the Company and will continue to expand our visibility within the investor community, âsaid Joe Marinucci, CEO of DMS.
The Annual Russell Reconstitution captures the 4,000 largest US stocks as of May 7, ranking them by total market capitalization. Membership in the Russell 3000Â® Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indices. FTSE Russell determines membership in its Russell Indices primarily through objective market capitalization rankings and style attributes. Russell Indices are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. For more information on the Russell 3000Â® Index and the Russell Reconstitution, see the âRussell Reconstructionâ section on the FTSE Russell website.
About digital media solutions
Digital Media Solutions, Inc. (NYSE: DMS) is a leading provider of technology-based digital performance advertising solutions connecting consumers and advertisers across auto, home, health and life insurance, as well as a long list of major consumer verticals. DMS first-party data asset, proprietary advertising technology, critical proprietary media distribution, and data-driven processes help digital advertising customers reduce ad spend risk while growing their customer base. Learn more about https://digitalmediasolutions.com.
About FTSE Russell
FTSE Russell is a global index leader providing innovative benchmarking, analytics and data solutions to investors around the world. FTSE Russell calculates thousands of indices that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the global investment market.
The expertise and products of the FTSE Russell Index are widely used by institutional and retail investors around the world. About $ 17.9 trillion is currently compared to the FTSE Russell indices. For more than 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen the FTSE Russell Indices to benchmark their investment performance and create ETFs, structured products and index derivatives.
A set of basic universal principles guide the design and management of the FTSE Russell Index: a transparent rules-based methodology is informed by committees independent of major market players. FTSE Russell is focused on applying the highest industry standards in index design and governance and adheres to the principles of IOSCO. FTSE Russell is also focused on index innovation and client partnerships with the aim of improving the breadth, depth and reach of its offering.
FTSE Russell is 100% owned by the London Stock Exchange Group.
This press release includes “forward-looking statements” within the meaning of the “safety regulations” provisions of the Private Securities Litigation Reform Act of 1995. Actual results of DMS may differ from its expectations, estimates and projections and, therefore, you do not rely on these forward-looking statements as predictions of future events. These forward-looking statements are often identified by words such as âexpectâ, âestimateâ, âprojectâ, âbudgetâ, âanticipateâ, âanticipateâ, âintendâ, âplanâ, âbe able toâ. “,” “” Could “,” should “,” believe “,” predict “,” potential “,” continue “and similar expressions. These forward-looking statements are based on estimates and assumptions which, while believed to be reasonable by us and our management, are inherently uncertain. Our actual results or developments may differ materially from those projected or implied in these forward-looking statements. Factors that could cause such a difference include, but are not limited to, the risks and uncertainties associated with trading our securities with respect to the annual reconstitution of the FTSE Russell Indices and the inclusion of the Company in the Russell 3000 Index. following such a reconstitution. Additional risks are discussed in more detail in the section titled “Risk Factors” in DMS ‘most recent annual report on Form 10-K / A and its subsequent filings with the SEC. There may be additional risks which we consider to be immaterial or which are unknown, and it is not possible to predict or identify all of these risks. DMS cautions that the above list of factors is not exclusive. DMS cautions readers not to place undue reliance on forward-looking statements, which speak only as of the date they are posted. DMS does not undertake or accept any obligation or commitment to publicly release updates or revisions to any forward-looking statement to reflect any change in its expectations or any change in the events, conditions or circumstances upon which such statement is made. based.