American Homes 4 Rent Added to Russell 1000 and Russell 3000 Indexes
AGOURA HILLS, Calif., Oct. 1, 2013
AGOURA HILLS, Calif., Oct. 1, 2013 /PRNewswire/ --American Homes 4 Rent
(NYSE: AMH) (the "Company") announced today that it has been added to the
Russell 1000 and Russell 3000 Indexes. The Company was one of seven newly
public companies to be added to the Russell 1000 Index on October 1, 2013.
"We are pleased to receive this important recognition for the Company
following our recent IPO," said David P. Singelyn, Chief Executive Officer.
"We believe that our addition to the well-known and widely-used Russell
indexes will broaden our shareholder base and provide increasing visibility
and validation of our company's growth."
Membership in the Russell 3000 Index is reconstituted annually and includes
the 3,000 largest public companies in the U.S. based on market capitalization.
The Russell 1000 Index is comprised of the largest 1,000 companies in the
Russell 3000 Index. Additional information about the Russell indexes is
available at www.russell.com
About American Homes 4 Rent
American Homes 4 Rent, a member of the Russell 1000 and Russell 3000 Indexes,
is an internally managed Maryland real estate investment trust, or REIT,
focused on acquiring, renovating, leasing, and operating single-family homes
as rental properties. As of July 31, 2013, we owned 19,825 single-family
properties in selected submarkets in 22 states and we continually evaluate
potential target markets that meet our underwriting criteria and are located
where we believe we can achieve sufficient scale for internalized property
management. We are a leader in the single-family home rental industry and
"American Homes 4 Rent" is fast becoming a nationally recognized brand for
rental homes known for high quality, good value and tenant satisfaction.
Forward Looking Statements
This press release contains "forward looking statements." These
forward-looking statements relate to beliefs, expectations or intentions and
similar statements concerning matters that are not of historical fact and are
generally accompanied by words such as "estimate," "project," "predict,"
"believe," "expect," "anticipate," "intend," "potential," "plan," "goal" or
other words that convey the uncertainty of future events or outcomes. The
Company has based these forward-looking statements on its current expectations
and assumptions about future events. While the Company's management considers
these expectations to be reasonable, they are inherently subject to risks,
contingencies and uncertainties, most of which are difficult to predict and
many of which are beyond the Company's control. Investors should not place
undue reliance on these forward-looking statements. All information in this
press release is current as of the date of the release. The Company undertakes
no obligation to update any forward-looking statements to conform to actual
results or changes in its expectations. For a further description of the risks
and uncertainties that could cause actual results to differ from those
expressed in these forward-looking statements, as well as risks relating to
the business of the Company in general, see the Company's filings with the
Securities and Exchange Commission.
Contact: Peter J. Nelson
American Homes 4 Rent
Tel: (310) 774-5394
SOURCE American Homes 4 Rent
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