Magnera Corporation set to join Russell 3000® Index

Rhea-AI Summary

Magnera Corporation (NYSE: MAGN) has announced its upcoming inclusion in the prestigious Russell 3000® Index, effective after market close on June 27, 2025. This addition comes as part of the annual reconstitution of Russell indexes. The Russell 3000® Index is a significant market benchmark that tracks the performance of approximately 3,000 U.S. stocks across various market capitalizations, representing about 98% of the investable U.S. equity market. This inclusion marks an important milestone for Magnera Corporation, potentially increasing its visibility among institutional investors and index funds.

Positive

• Inclusion in Russell 3000® Index increases company visibility and institutional exposure
• Potential for increased trading volume and liquidity due to index fund tracking
• Recognition of company growth and market capitalization achievements

Negative

• None.

News Market Reaction

+6.04%

1 alert

+6.04% News Effect

On the day this news was published, MAGN gained 6.04%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

CHARLOTTE, N.C., June 10, 2025 (GLOBE NEWSWIRE) -- Magnera Corporation (NYSE: MAGN) today announced it will be added to the broad-market Russell 3000^® Index following the annual reconstitution of the Russell indexes. The reconstituted indexes are set to take effect after the U.S. market closes on June 27, 2025.

The Russell 3000^® Index measures the performance of 3,000 stocks, encompassing large-cap, mid-cap, small-cap, and some microcap U.S. equities. It is designed to represent approximately 98% of investable U.S. equities by market capitalization.

For more information on the Russell 3000^® Index and its annual reconstitution, please visit the "Russell Reconstitution" section on the FTSE Russell website.

About Magnera

Magnera Corporation (NYSE: MAGN) serves 1,000+ customers worldwide, offering a wide range of material solutions, including components for absorbent hygiene products, protective apparel, wipes, specialty building and construction products, and products serving the food and beverage industry. Operating across 46 production facilities, Magnera is supported by over 9,000 global employees.

Magnera’s purpose is to better the world with new possibilities made real. For more than 160 years, the company has delivered the material solutions their partners need to thrive. Through economic upheaval, global pandemics and changing end-user needs, Magnera has consistently found ways to solve problems and exceed expectations. The distinct scale and comprehensive portfolio of Magnera’s products brings customers more materials and choices. Magnera builds personal partnerships that withstand an ever-changing world.

Visit magnera.com for more information and follow @MagneraCorporation on social platforms.

Investor Contact:
Robert Weilminster
ir@magnera.com

FAQ

When will Magnera Corporation (MAGN) be added to the Russell 3000 Index?

Magnera Corporation will be added to the Russell 3000 Index after the U.S. market closes on June 27, 2025.

What is the significance of MAGN joining the Russell 3000 Index?

Joining the Russell 3000 Index increases the company's visibility, potentially attracts more institutional investors, and may lead to increased trading volume as index funds track the index.

What percentage of the U.S. equity market does the Russell 3000 Index represent?

The Russell 3000 Index represents approximately 98% of the investable U.S. equity market.

What types of stocks are included in the Russell 3000 Index?

The Russell 3000 Index includes large-cap, mid-cap, small-cap, and some microcap U.S. equities, measuring the performance of 3,000 stocks.

How often does the Russell 3000 Index get reconstituted?

The Russell 3000 Index undergoes annual reconstitution, where the composition of the index is reviewed and updated.