CyrusOne Inc. ("CyrusOne") (NASDAQ:CONE), a premier global data center
REIT, announced today that the Company will be added to the S&P MidCap
400 effective at the open of trading on Wednesday, March 1.
"Our addition to the S&P MidCap 400 index is an exciting accomplishment
and a reflection of the success we have had in rapidly growing our
business in a highly profitable manner, creating significant value for
our shareholders," said Diane M. Morefield, chief financial officer.
"The company's equity market capitalization has increased over 50% since
the beginning of last year, and we are well positioned for continued
strong growth in 2017 and beyond."
The S&P U.S. indices are designed to reflect the U.S. equity markets
and, through the markets, the U.S. economy. The S&P MidCap 400 provides
investors with a benchmark for mid-size companies. Eligibility criteria
include, among other considerations, U.S.-based status, unadjusted
market capitalization of between $1.4 billion and $5.9 billion, public
float of at least 50% of shares outstanding, and adequate liquidity with
an active secondary market.
CyrusOne (NASDAQ: CONE) is a high-growth real estate investment trust
(REIT) specializing in highly reliable enterprise-class, carrier-neutral
data center properties. The Company provides mission-critical data
center facilities that protect and ensure the continued operation of IT
infrastructure for more than 945 customers, including 181 Fortune 1000
CyrusOne's data center offerings provide the flexibility, reliability,
and security that enterprise and cloud customers require and are
delivered through a tailored, customer service-focused platform designed
to foster long-term relationships. CyrusOne is committed to full
transparency in communication, management, and service delivery
throughout its 35 data centers worldwide.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170227005452/en/
Michael Schafer, 972-350-0060
Source: CyrusOne Inc.
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