Core & Main Announces its Addition to the Russell 1000® Index

Rhea-AI Summary

Core & Main, Inc. (NYSE: CNM) has been included in both the Russell 1000® and Russell 3000® Indexes as part of their quarterly IPO additions. This inclusion is significant as it broadens the company's visibility to a wider audience of investors and stakeholders. The Russell U.S. Indexes are widely utilized by investment managers, with over $10 trillion in assets benchmarked against them. Core & Main, a specialized distributor of water and wastewater products, operates over 285 locations nationwide, supporting sustainable infrastructure through its dedicated team of 3,700 associates.

Positive

• Inclusion in Russell 1000® and Russell 3000® Indexes enhances visibility to investors.
• Core & Main operates 285+ locations, showcasing extensive market reach.

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• None.

ST. LOUIS--(BUSINESS WIRE)-- Core & Main, Inc. (NYSE: CNM) (“Core & Main”), a leading specialized distributor of water, wastewater, storm drainage and fire protection products, and related services, today announced it has been added to both the Russell 1000^® and broad-market Russell 3000^® Indexes as part of their quarterly initial public offering (IPO) additions.

“For Core & Main, joining the Russell 1000^® Index is a meaningful achievement. As part of the Russell Indexes, we look forward to telling our story to a broader audience of investors and stakeholders,” said Steve LeClair, chief executive officer.

Russell U.S. Indexes are widely used by investment managers and institutional investors as the basis for index funds and as benchmarks for active investment strategies. Over $10 trillion in assets are benchmarked against Russell U.S. Indexes. Russell U.S. Indexes are part of FTSE Russell, a leading global index provider.

For more information about the Russell 1000^® Index IPO additions, please visit the IPO additions section of the FTSE Russell website.

About Core & Main

Based in St. Louis, Core & Main is a leading specialized distributor of water, wastewater, storm drainage and fire protection products, and related services, to municipalities, private water companies and professional contractors across municipal, non-residential and residential end markets nationwide. With more than 285 locations, the company provides its customers local expertise backed by a national supply chain. Core & Main’s 3,700 associates are committed to helping their communities thrive with safe and sustainable infrastructure. Visit coreandmain.com to learn more.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210921006007/en/

Robyn Bradbury

VP, Investor Relations and FP&A

314-995-9116

InvestorRelations@CoreandMain.com

Source: Core & Main, Inc.