Capital Senior Living : Set to Join the Russell Microcap® Index
June 17, 2021 at 02:42 pm EDT
Share
DALLAS, June 16, 2021 - Capital Senior Living Corporation (the 'Company' or 'Capital Senior Living') (NYSE: CSU), a leading owner-operator of senior living communities and services announced that it has been selected to join the Russell Microcap® Index at the conclusion of the 2021 annual reconstitution, effective after the US market opens on June 28, according to a preliminary list of additions posted by FTSE Russell on Friday, June 4, 2021.
Membership in the Russell Microcap® Index, which remains in place for one year, means automatic inclusion in 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 thrilled to be included in the Russell Microcap® Index and believe the addition will increase our visibility in the investment community at a time when our company is at an important inflection point,' said Kimberly S. Lody President and Chief Executive Officer 'Occupancy remains steadily above pre-pandemic levels across our portfolio. We have improved the foundational elements of our business focusing on financial stability, differentiated resident programming and operational excellence. As we move into the growth-focused phase of our strategic plan, we are well positioned to serve the fast-growing middle market senior population.'
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.
About Capital Senior Living
Dallas-based Capital Senior Living Corporation is one of the nation's leading operators of independent living, assisted living and memory care communities for senior adults. The Company operates 75 communities that are home to nearly 7,000 residents across 18 state providing compassionate, resident-centric services and care and engaging programming. The Company offers seniors the freedom and opportunity to successfully, comfortably and happily age in place. For more information, visit http://www.capitalsenior.com or connect with the Company on Facebook or Twitter.
For more information, contact: Kimberly Lody (972) 308-8323, klody@capitalsenior.com
Attachments
Original document
Permalink
Disclaimer
Capital Senior Living Corporation published this content on 17 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 June 2021 18:41:01 UTC.
Sonida Senior Living, Inc. operates senior housing communities in the United States in terms of resident capacity. The Company provides residential housing and services to people aged 75 years and older, including independent living, assisted living, and memory care services. It provides independent living services to seniors, which include daily meals, transportation, social and recreational activities, laundry, housekeeping and 24-hour staffing. It also fosters the wellness of its residents by offering access to health screenings (such as blood pressure checks), periodic special services (such as COVID-19 and influenza inoculations), dietary and similar programs, and ongoing exercise and fitness classes. It also offers a range of assisted living care and services, including personal care services, 24-hour staffing, support services, and other supplemental services, including memory care services at some communities. It operates over 71 senior housing communities in 18 states.