Carriage Services, Inc. was dropped from several Russell indices, including the Russell Small Cap Comp Value Index, Russell 2500 Value Index, Russell 3000 Value Index, Russell 2000 Dynamic Index, Russell 2000 Value Index, Russell 3000E Value Index, and Russell 2000 Value-Defensive Index.
These changes reflect the annual rebalancing of the Russell family of indices, which are widely used benchmarks for institutional investors. Inclusion or exclusion from these indices can influence a company's liquidity and investor base.
The removal from these indices may lead to adjustments in portfolio allocations by funds that track these benchmarks. This development is a material change in the company's index membership status.
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