Canterbury Park Holding Corporation Added to Russell Microcap Index
07 Julio 2008 - 11:44AM
Business Wire
Canterbury Park Holding Corporation (AMEX:ECP) today announced it
has been added to the Russell Microcap Index after the Russell
Investment Group reconstituted its comprehensive set of U.S. and
global equity indexes on June 27, 2008. Russell indexes are widely
used by investment managers and institutional investors for both
index funds and as benchmarks for passive and active investment
strategies. The Company will hold its membership until Russell
reconstitutes its indexes in June 2009. �We are pleased to be part
of the Russell Microcap Index,� stated Randy Sampson, Canterbury
Park�s President and Chief Executive Officer. �Russell is an
industry leader for stock indexes, and we expect our inclusion in
this index will generate greater interest in our stock among
institutional investors.� The annual reconstitution of the Russell
Microcap Index captures the 1,000 smallest U.S. stocks in the
Russell 2000, based on a combination of their market cap and
current index membership, and it includes the next 1,000 stocks as
of the end of May. About Russell Investment Group: Russell
Investment Group aims to improve financial security for people by
providing strategic advice, world-class implementation,
state-of-the-art performance benchmarks, and a range of
institutional-quality investment products. With more than $200
billion in assets under management, Russell serves individual,
institutional and advisor clients in more than 40 countries.
Russell provides access to some of the world�s best money managers.
It helps investors put this access to work in corporate defined
benefit and defined contribution plans, and in the life savings of
individual investors. Russell�s indexes are unmanaged and cannot be
invested in directly. For more information on Russell indexes, go
to www.russell.com. About Canterbury Park: Canterbury Park Holding
Corporation conducts pari-mutuel wagering operations and hosts
�unbanked� card games at its Canterbury Park Racetrack and Card
Club facility in Shakopee, Minnesota. The Company�s 67-day 2008
live race meet began on May 3rd and ends September 1, 2008.
Canterbury Park�s Card Club operates 24 hours a day, seven days a
week, and receives collection revenues from 34 poker tables, and 16
tables offering a variety of casino style card games. The Company
also conducts year-round wagering of simulcast horse racing and
hosts a variety of other entertainment and special events at its
facility. For more information about the Company, please visit us
at www.canterburypark.com. Cautionary Statement: This release
contains or may contain forward-looking statements based on
management�s beliefs and assumptions. Such statements are subject
to various risks and uncertainties that could cause results to vary
materially. Please refer to the Company�s SEC filings for a
discussion of such factors.
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