Hawthorn Bancshares, Inc. announced its inclusion in the broad-market Russell 3000® Index and the small-cap Russell 2000® Index, effective June 30, 2025. This inclusion follows the conclusion of FTSE Russell's 2025 reconstitution process. The company's common stock will also be automatically added to the relevant growth and value indexes.
Inclusion in these widely recognized indexes is based on the company's total market capitalization as of the reconstitution rank date. Brent M. Giles, Director and CEO, stated that this recognition validates the company's growth and progress over the past few years. It is expected to enhance Hawthorn Bancshares' visibility within the broader investment community.
The Russell indexes are extensively utilized by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. As of June 2024, approximately $10.6 trillion in assets were benchmarked against the Russell US indexes. This inclusion is anticipated to improve the liquidity of Hawthorn Bancshares' stock.
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