Download the
RPM Investor App
Sun Sun

News Release


Printer Friendly Version

RPM International Inc. Expects To Advance to the Russell 1000 Index

MEDINA, Ohio, Jun 26, 2002 /PRNewswire-FirstCall via COMTEX/ -- RPM International Inc. (NYSE: RPM) today announced that it expects to advance to the Russell 1000(R) Index from the Russell 2000(R) Index when the re-balanced indexes go into effect on July 1, 2002.

(Photo: http://www.newscom.com/cgi-bin/prnh/20010126/RPMLOGO )

The Russell indexes are reconstituted annually to identify the 3,000 largest companies, based on total market capitalization as of the end of May, and are part of 21 U.S. equity indexes developed by the Frank Russell Company, which are widely used as a benchmark for investment strategies by institutional and individual investors.

"RPM's anticipated move to the Russell 1000 is another milestone for the company and is further evidence of our continued growth and financial strength," said Thomas C. Sullivan, chairman and chief executive officer. "Index investors will be reorganizing their portfolios accordingly by the close of trading this Friday, which could potentially cause short-term volatility in the trading of our stock. We believe, however, the increased visibility that comes from being included in the Russell 1000 will benefit RPM and its shareholders over the coming year and beyond."

RPM, Inc. is a world leader in specialty coatings serving both industrial and consumer markets. RPM's industrial products including roofing systems, sealants, corrosion control coatings, flooring coatings and specialty chemicals. Its consumer products are used by professionals and do-it- yourselfers for home, automotive and boat maintenance and by hobbyists. Leading industrial brands include Stonhard, Tremco, Carboline, Day-Glo, Euco and Dryvit. Consumer brands include Zinsser, Rust-Oleum, DAP, Flecto, Bondo and Testor.

This press release contains "forward-looking statements" relating to the business of the Company. These forward-looking statements, or other statements made by the Company, are made based on management's expectations and beliefs concerning future events impacting the Company and are subject to uncertainties and factors (including those specified below) which are difficult to predict and, in many instances, are beyond the control of the Company. As a result, actual results of the Company could differ materially from those expressed in or implied by any such forward-looking statements. These uncertainties and factors include (a) general economic conditions; (b) the price and supply of raw materials, particularly titanium dioxide, certain resins, aerosols and solvents; (c) continued growth in demand for the Company's products; (d) legal, environmental and litigation risks inherent in the Company's construction and chemicals businesses and risks related to insurance coverage inherent in the Company's disclosed litigation; (e) the effect of changes in interest rates; (f) the effect of fluctuations in currency exchange rates upon the Company's foreign operations; (g) the potential impact of the euro currency conversion; (h) the effect of non- currency risks of investing in and conducting operations in foreign countries, including those relating to domestic and international political, social, economic and regulatory factors; (i) risks and uncertainties associated with the Company's ongoing acquisition and divestiture activities; and other risks detailed in the Company's other reports and statements filed with the Securities and Exchange Commission, including the risk factors set forth in the Company's prospectus and prospectus supplement included as part of the Company's Registration Statement on Form S-3 (File No. 333-77028), as the same may be amended from time to time.

                    MAKE YOUR OPINION COUNT -  Click Here
               http://tbutton.prnewswire.com/prn/11690X11017624
SOURCE RPM, Inc.

CONTACT:          Glenn R. Hasman, Vice President of Finance and Communications
                  of RPM, Inc., +1-330-273-8820
                  /Photo:  http://www.newscom.com/cgi-bin/prnh/20010126/RPMLOGO
                  AP Archive:  http://photoarchive.ap.org
                  PRN Photo Desk, 888-776-6555 or 212-782-2840
                  /Company News On-Call: http://www.prnewswire.com/gh/cnoc/comp/765075.html

URL:              http://www.rpminc.com
http://www.prnewswire.com
Copyright (C) 2002 PR Newswire.  All rights reserved.

©2017 RPM International Inc. Terms of Use | Privacy Policy 2628 Pearl Road - P.O. Box 777 - Medina, Ohio 44258 | Phone: 330.273.5090 | Email: info@RPMinc.com