Blackbaud, Inc. announced its inclusion in several prominent Russell indices, including the Russell 2000 Value-Defensive Index, Russell 3000 Value Index, Russell 2500 Value Index, Russell Small Cap Comp Value Index, Russell 2000 Value Index, and Russell 3000E Value Index. These inclusions are part of the annual rebalancing of the Russell family of indices.
Inclusion in these indices is expected to increase Blackbaud's visibility within the investment community and potentially attract greater passive investment. This broader exposure can enhance the company's liquidity and investor base, reflecting its market position and financial characteristics.
The Russell indices are widely used benchmarks for institutional investors, and being added to multiple value-oriented indices signals recognition of Blackbaud's financial profile. This development underscores the company's stability and potential for long-term value creation within the social impact software sector.
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