STRATTEC SECURITY CORPORATION (Nasdaq: STRT) (“STRATTEC” or “Company”), a leading provider of smart vehicle access, security and authorization solutions for the global automotive industry, today announced that it has been added to the Russell 2000® and the broad-market Russell 3000® Indexes, following the 2025 annual reconstitution of the Russell indexes. STRATTEC’s inclusion became effective after the U.S. market closed on Friday, June 27, 2025.
“Our inclusion in the Russell indexes is a meaningful milestone that reflects the continued progress we’re making to transform STRATTEC into a stronger, more resilient company,” said Jennifer Slater, President and CEO. “We’ve taken deliberate actions to improve profitability, enhance operational performance, and better position the business in today’s dynamic market environment. We believe this recognition will increase STRATTEC’s visibility among institutional investors as we continue executing on our strategy to drive long-term value creation.”
The broad-market Russell 3000® Index includes the largest 3,000 U.S. public companies by market capitalization, while the Russell 2000® Index is a subset that tracks the performance of the small-cap segment. Membership in these indexes is determined annually and remains in place for one year. The indexes are widely used by institutional investors and index funds as benchmarks for both passive and active investment strategies.
For more information on the Russell indexes visit the FTSE Russell website.
About STRATTEC
STRATTEC is a leading global provider of advanced automotive access, security & authorization and select user interface solutions. With a history spanning over 110 years, STRATTEC has consistently been at the forefront of innovation in vehicle security, transitioning from mechanical to integrated electro-mechanical systems. The Company serves a broad range of customers, including leading automotive OEMs, offering power access solutions and advanced security systems that include door handles, lift gates, latches, and key fobs.
For more information on STRATTEC and its solutions, visit www.strattec.com.
Safe Harbor Statement
Certain statements contained in this release are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and assumptions regarding the Company’s performance, strategy, market positioning, and future visibility among institutional investors. Forward-looking statements are often identified by words such as “believe,” “expect,” “intend,” “anticipate,” “may,” “will,” “should,” or similar expressions. Such statements may include, without limitation, those related to STRATTEC’s business transformation efforts, strategic execution, and the potential impact of the Company’s inclusion in the Russell indexes on its visibility, investor base, and long-term value creation. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including general economic and industry conditions, supply chain disruptions, customer demand and purchasing behavior, labor availability, inflationary cost pressures, and competitive dynamics in the automotive market. Shareholders, potential investors, and other readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this release. STRATTEC undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Additional information concerning these and other risks is contained in the Company’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q.
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Contacts
Investors:
Deborah K. Pawlowski
Alliance Advisors IR
Phone: 716-843-3908
Email: dpawlowski@allianceadvisors.com