First Mid-Illinois Bancshares Joins Russell 3000® Index
•July 6, 2016•
First Mid-Illinois Bancshares, Inc. (NASDAQ: FMBH) today announced that, effective after the US market opened on June 27, it joined the Russell 3000® Index following the Russell US Indexes annual reconstitution.
Annual reconstitution of the Russell US indexes captures the 4,000 largest US stocks as of the end of May, ranking them by total market capitalization. Membership in the US 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 by objective, market-capitalization rankings and style attributes.
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