Twin Disc, Inc. (NASDAQ: TWIN) has been added to the Russell 2000 and Russell 3000 indexes, effective June 29, 2026. The inclusion marks an important milestone for the company, reflecting progress in strengthening the business and executing its strategy, according to John H. Batten, President and Chief Executive Officer of Twin Disc. Batten emphasized that a more diversified platform, disciplined operations, and focus on profitable growth position the company to create long-term value for shareholders while gaining broader visibility across the investment community.
The Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $12.2 trillion in investor assets are benchmarked to or invested in products based on the Russell US Indexes, according to FTSE Russell, a leading global index provider. The June reconstitution of the Russell US indexes captures up to the 4,000 largest US stocks as of April 30, ranking them by total market capitalization.
Membership in the Russell 3000 Index, which remains in place for half a year beginning 2026, 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 primarily by objective, market-capitalization rankings and style attributes.
Twin Disc, Inc. designs, manufactures, and sells marine and heavy-duty off-highway power transmission equipment. Its products include marine transmissions, azimuth drives, surface drives, propellers, boat management systems, power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches, and control systems. The company sells its products primarily in the pleasure craft, commercial, and military marine markets, as well as in the energy and natural resources, government, and industrial markets. Worldwide sales are transacted through a direct sales force and a distributor network.