LAKE FOREST, Calif.--(BUSINESS WIRE)--
Del Taco Restaurants, Inc. (“Del Taco” or the “Company”) (NASDAQ:TACO,
TACOW) today announced that its stock has been added to the Russell
3000® Index, effective after the US market opens today, June 27, 2016.
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.
Steve Brake, the Company’s Chief Financial Officer commented, "We are
very pleased to become a member of the Russell Indexes. Being added to
these Indexes should help to increase our visibility in the investment
community and expand our investor base."
Indexes provided by FTSE Russell, a leading global index provider, are
widely used by investment managers and institutional investors for index
funds and as benchmarks for active investment strategies. Approximately
$6 trillion in assets are benchmarked against the Russell US indexes.
For more information on the Russell 3000® Index and the Russell US
Indexes reconstitution, go to the “Russell Reconstitution” section on
the FTSE
Russell website.
About Del Taco Restaurants, Inc.
At Del Taco (NASDAQ: TACO, TACOW) all menu items taste better because
they are made to order with fresh ingredients including cheddar cheese
grated from 40-pound blocks, handmade pico de gallo salsa, lard-free
beans slow-cooked from scratch, fresh sliced avocado and marinated
chicken and carne asada grilled in the restaurant. The menu, which
includes a full line of breakfast, includes classic Mexican dishes such
as tacos, burritos, quesadillas and nachos as well as American favorites
including hamburgers, crinkle-cut fries and shakes. Del Taco's
UnFreshing Believable campaign communicates the lengths the company goes
to in order to deliver quality, made-to-order menu items created with
freshly-prepared ingredients at unbelievable prices. With nearly 550
restaurants in 16 states, Del Taco serves more than three million guests
each week. Stay up to date by following Del Taco on Twitter,
Facebook
and Instagram
or visit www.deltaco.com
for more information.
About FTSE Russell
FTSE Russell is a global index leader and data provider that provides
innovative benchmarking, analytics and data solutions for investors
worldwide. FTSE Russell calculates thousands of indexes that measure and
benchmark markets and asset classes in more than 70 countries, covering
98% of the investable market globally.
FTSE Russell index expertise and products are used extensively by
institutional and retail investors globally. Approximately $10 trillion
is currently benchmarked to FTSE Russell indexes. For over 30 years,
leading asset owners, asset managers, ETF providers and investment banks
have chosen FTSE Russell indexes to benchmark their investment
performance and create ETFs, structured products and index-based
derivatives.
A core set of universal principles guides FTSE Russell index design and
management: a transparent rules-based methodology is informed by
independent committees of leading market participants. FTSE Russell is
focused on applying the highest industry standards in index design and
governance, and embraces the IOSCO principles. FTSE Russell is also
focused on index innovation and client collaboration as it seeks to
enhance the breadth, depth and reach of its offering.
FTSE Russell is wholly owned by London Stock Exchange Group. For more
information, visit www.ftserussell.com.
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Source: Del Taco Restaurants, Inc.