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Hill International Joins the Russell Microcap(R) Index.
MARLTON, N.J. -- Hill International (Nasdaq:HINT), the worldwide construction consulting firm, announced today that its common stock has been added to the Russell Microcap([R]) Index, which includes the smallest 1,000 securities in the small-cap Russell 2000[R] Index plus the next 1,000 largest securities.
"Hill's inclusion in the Russell Microcap Index is an important corporate milestone and a reflection of our successful growth and development as a public company," said Irvin E. Richter, Hill's Chairman and Chief Executive Officer. "We expect that being part of the Russell Microcap Index will elevate Hill's visibility among investors and funds that utilize the Russell Indexes in making their investment decisions."
Membership in the Russell Microcap Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. Russell determines membership for its equity indexes primarily by objective, market-capitalization rankings and style attributes. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. An industry-leading $4 trillion in assets are currently benchmarked to them.
Hill International, with ...
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