Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) (“Kulicke & Soffa,” “K&S” or the “Company”), a global leader in the design and manufacture of semiconductor, LED and electronic assembly equipment, has been added as a member of the US small-cap Russell 2000 Index and the US all-cap Russell 3000 index, effective after the US market opens on June 28, as part of the 2021 Russell indexes reconstitution. Membership in the Russell 2000 Index, which remains in place for one year, is based on membership in the broad-market Russell 3000 Index. The stock was also added to the appropriate growth and value indexes.
“We value participation in this important benchmark and welcome the opportunity to reach a new group of investors as we continue to support exciting transitions in the semiconductor, automotive and display markets,” stated Fusen Chen, President and Chief Executive Officer.
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.
For more information on the Russell 2000 Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.
