VAN BUREN TOWNSHIP, Mich.,
June 24, 2011 /PRNewswire/ -- Visteon
Corporation (NYSE: VC), a leading global automotive supplier, is
set to join the broad-market Russell 3000® Index when Russell
Investments reconstitutes its U.S. and global equity indexes after
the close of the U.S. markets today.
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Membership in the Russell 3000®, 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 appropriate
growth- and value-style indexes. Visteon expects to be included in
the Russell 1000® Index.
"Inclusion in the widely recognized Russell Indexes is an
acknowledgement of Visteon's market capitalization and another
milestone in our transformation," said Donald J. Stebbins, chairman, chief executive
officer and president.
Russell Indexes are used by many investment managers and
institutional investors for index funds and as benchmarks for both
passive and active investment strategies. More information on the
Russell Indexes is available at www.russell.com.
Visteon is a leading global automotive supplier that designs,
engineers and manufactures innovative climate, electronic, interior
and lighting products for vehicle manufacturers. With corporate
offices in Van Buren Township,
Mich. (U.S.); Shanghai,
China; and Chelmsford, UK;
the company has facilities in 26 countries and employs
approximately 26,500 people. Learn more at www.visteon.com.
SOURCE Visteon Corporation