Summary：CVG to Join Russell 2000 Index: Unlocking New Investment Opportunities Today!NEW ALBANY, Ohio, June

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CVG to Join Russell 2000 Index: Unlocking New Investment Opportunities Today!

NEW ALBANY, Ohio, June 23, 2026 (GLOBE NEWSWIRE) -- CVG (NASDAQ: CVGI), a diversified industrial products and services company, is poised to take a significant step forward in its growth trajectory as it is expected to join the prestigious U.S. small-cap Russell 2000 Index and the broad-market Russell 3000 Index. This anticipated inclusion, set to take effect after the close of trading on June 26, 2026, and become effective on June 29, 2026, is part of the annual reconstitution of the Russell Indexes by FTSE Russell.

The key development comes as a result of CVG's consistent efforts to enhance its market presence and financial performance. The company's inclusion in the Russell Indexes is a testament to its growing market capitalization and its increasing relevance in the industrial products and services sector. As part of the Russell 2000 Index, CVG will be among approximately 2,000 companies that represent the U.S. small-cap market segment, known for its dynamism and growth potential.

Industry analysis suggests that CVG's addition to the Russell 2000 Index could have a positive impact on its stock liquidity and visibility among investors. Historically, companies that join the Russell Indexes experience increased investor interest and trading volumes due to the indexes being widely tracked by investment funds and institutional investors. This heightened visibility can potentially lead to a more stable and liquid market for CVG's shares, benefiting both existing and prospective shareholders.

Looking ahead, CVG is well-positioned to capitalize on the opportunities arising from its inclusion in the Russell Indexes. The company's diversified portfolio of industrial products and services, coupled with its strategic initiatives aimed at driving growth and profitability, is expected to continue to attract investor attention. As CVG embarks on this new chapter, it is likely to benefit from the increased exposure and credibility associated with being part of a widely followed index.

In conclusion, CVG's anticipated inclusion in the Russell 2000 and Russell 3000 Indexes marks a significant milestone in its journey. As the company joins the ranks of other prominent small-cap companies, it is poised to unlock new investment opportunities and further enhance its market presence. With its solid foundation and growth prospects, CVG is set to make a meaningful impact in the industrial products and services sector.