WNS Added to Russell 2000® Index Effective July 1, 2024
01 Julio 2024 - 12:17PM
Business Wire
WNS (Holdings) Limited (NYSE: WNS), a leading provider of global
digital-led Business Process Management (BPM) solutions, today
announced its inclusion in the Russell 2000® Index as
part of the annual reconstitution of the Russell stock indexes.
This reconstitution became effective after the US equities markets
opened on July 1, 2024.
The annual reconstitution of the Russell US indexes captures the
4,000 largest US stocks as of April 30, ranking them by total
market capitalization. Membership in the 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. FTSE Russell determines membership for its
Russell indexes primarily by objective, market-capitalization
rankings, and style attributes.
“WNS’ addition to the Russell 2000® highlights the
company’s solid growth profile and the ongoing transformation of
our business. We anticipate that the addition to the Russell
2000® will expand our access to capital, enhance
company visibility, and improve share price stability,” said Keshav
R. Murugesh, Group CEO, WNS.
Russell indexes are widely used by investment managers and
institutional investors for index funds and as benchmarks for
active investment strategies. According to data as of the end of
December 2023, about $10.5 trillion in assets are benchmarked
against the Russell US indexes, which belong to FTSE Russell, a
prominent global index provider.
“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,” said Fiona Bassett, CEO of FTSE Russell,
an LSEG Business.
For more information on the Russell 3000® Index and the Russell
indexes reconstitution, go to the “Russell Reconstitution” section
on the FTSE Russell website.
About WNS
WNS (Holdings) Limited (NYSE: WNS) is a leading Business Process
Management (BPM) company. WNS combines deep industry knowledge with
technology, analytics, and process expertise to co-create
innovative, digitally led transformational solutions with over 600
clients across various industries. WNS delivers an entire spectrum
of BPM solutions including industry-specific offerings, customer
experience services, finance and accounting, human resources,
procurement, and research and analytics to re-imagine the digital
future of businesses. As of March 31, 2024, WNS had 60,125
professionals across 65 delivery centers worldwide including
facilities in Canada, China, Costa Rica, India, Malaysia, the
Philippines, Poland, Romania, South Africa, Sri Lanka, Turkey, the
United Kingdom, and the United States.
For more information, visit www.wns.com or follow us on
Facebook, Twitter, LinkedIn, and Instagram.
About FTSE Russell:
FTSE Russell is a leading global provider of benchmarking,
analytics, and data solutions for investors, giving them a precise
view of the market relevant to their investment process. A
comprehensive range of reliable and accurate indexes provides
investors worldwide with the tools they require to measure and
benchmark markets across asset classes, styles, or strategies. FTSE
Russell is wholly owned by London Stock Exchange Group.
For more information, visit
https://www.lseg.com/en/ftse-russell.
Safe Harbor Provision
This document includes information which may constitute
forward-looking statements made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995,
the accuracy of which are necessarily subject to risks,
uncertainties, and assumptions as to future events. Factors that
could cause actual results to differ materially from those
expressed or implied are discussed in our most recent Form 20-F and
other filings with the Securities and Exchange Commission. WNS
undertakes no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events,
or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20240701528924/en/
Investors: David Mackey EVP – Finance & Head of
Investor Relations WNS (Holdings) Limited +1 (646) 908-2615
david.mackey@wns.com
Media: Archana Raghuram EVP & Global Head –
Marketing & Communications WNS (Holdings) Limited +91 (22) 4095
2397 archana.raghuram@wns.com ; pr@wns.com
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