Braze Set to Join Russell 3000® Index
23 Junho 2023 - 10:00AM
Business Wire
Braze (Nasdaq: BRZE), a leading comprehensive customer
engagement platform that powers interactions between consumers and
the brands they love, today announced that the company will join
the broad-market Russell 3000 Index at the conclusion of the 2023
Russell indexes annual reconstitution effective after the U.S.
market opens on June 26.
The annual Russell indexes reconstitution captures the 4,000
largest U.S. stocks as of April 28, ranking them by total market
capitalization. Membership in the U.S. all-cap 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.
“We are excited to be included in the internationally recognized
Russell 3000 Index,” said Isabelle Winkles, Chief Financial Officer
for Braze. “Our inclusion in the Russell 3000 Index will help
increase awareness for Braze internationally as we continue to help
the world's best brands create brilliant customer engagement
strategies that delight consumers and drive business outcomes.”
Russell indexes are widely used by investment managers and
institutional investors for index funds and as benchmarks for
active investment strategies. Approximately $12.1 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 3000® Index and the Russell
indexes reconstitution, go to the “Russell Reconstitution” section
on the FTSE Russell website.
Forward-Looking Statements:
This press release contains “forward-looking statements” within
the meaning of the “safe harbor” provisions of the Private
Securities Litigation Reform Act of 1995, including but not limited
to, statements regarding stock performance. These forward-looking
statements are based on the current assumptions, expectations and
beliefs of Braze, and are subject to substantial risks,
uncertainties and changes in circumstances that may cause actual
results, performance or achievements to be materially different
from any future results, performance or achievements expressed or
implied by the forward-looking statements. Further information on
potential factors that could affect Braze results are included in
Braze’s Annual Report on Form 10-K for the fiscal year ended
January 31, 2023, filed with the U.S. Securities and Exchange
Commission on March 31, 2023, and the other public filings of Braze
with the U.S. Securities and Exchange Commission. The
forward-looking statements included in this presentation represent
the views of Braze only as of the date of this press release, and
Braze assumes no obligation, and does not intend to update these
forward-looking statements, except as required by law.
About Braze:
Braze is a leading comprehensive customer engagement platform
that powers interactions between consumers and brands they love.
With Braze, global brands can ingest and process customer data in
real time, orchestrate and optimize contextually relevant,
cross-channel marketing campaigns and continuously evolve their
customer engagement strategies. Braze has been recognized as one of
Fortune’s 2022 Best US Workplaces in Technology, Fortune’s 2022
Best US Workplaces for Women, 2022 UK Best Workplaces for Women by
Great Place to Work, and Fortune's 2022 Best US Workplace for
Millennials. The company is headquartered in New York with 10+
offices across North America, Europe and APAC. Learn more at
braze.com.
About FTSE Russell:
FTSE Russell is a global index leader that provides innovative
benchmarking, analytics and data solutions for investors worldwide.
FTSE Russell calculates thousands of indexes that measure and
benchmark markets and asset classes in more than 70 countries,
covering 98% of the investable market globally.
FTSE Russell index expertise and products are used extensively
by institutional and retail investors globally. Approximately $20.1
trillion is currently benchmarked to FTSE Russell indexes. For over
30 years, leading asset owners, asset managers, ETF providers and
investment banks have chosen FTSE Russell indexes to benchmark
their investment performance and create ETFs, structured products
and index-based derivatives.
A core set of universal principles guides FTSE Russell index
design and management: a transparent rules-based methodology is
informed by independent committees of leading market participants.
FTSE Russell is focused on applying the highest industry standards
in index design and governance and embraces the IOSCO Principles.
FTSE Russell is also focused on index innovation and customer
partnerships as it seeks to enhance the breadth, depth and reach of
its offering.
FTSE Russell is wholly owned by the London Stock Exchange
Group.
For more information, visit www.ftserussell.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230623889199/en/
Investors: Christopher Ferris IR@braze.com (609) 964-0585 Media:
Hannah Blackington Director, Global Communications
press@braze.com
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