October 23, 2019
AUSTIN, Texas, October 23, 2019 – Hanger, Inc. (NYSE: HNGR), a leading provider of orthotic and prosthetic patient care services and solutions, today announced it has been added to the S&P SmallCap 600 Index, effective at the open of trading on Monday, October 28. Specifically, Hanger will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Health Care Facilities Sub-Industry index.
“We’re proud Hanger will join the S&P SmallCap 600 Index, in addition to our membership in the US small-cap Russell 2000® Index announced earlier this year,” stated Hanger President and Chief Executive Officer Vinit Asar. “These additions reflect the collective accomplishments of our nearly 5,000 employees who work each day to fulfil our purpose of empowering human potential together, and are positive events for Hanger shareholders, further expanding our ownership profile.”
S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. The S&P SmallCap 600® seeks to measure the small-cap segment of the U.S. equity market, and the index is designed to track companies that meet specific inclusion criteria to ensure they are liquid and financially viable.
About Hanger, Inc. – Headquartered in Austin, Texas, Hanger, Inc. is a leading provider of orthotic and prosthetic (O&P) patient care services and products. The company operates as an ecosystem of diversified companies delivering complementary solutions to individuals and providers with O&P needs, and is organized in two business segments – Patient Care and Products & Services. Through its Patient Care segment, Hanger provides comprehensive, outcomes-based O&P services to individuals of all ages at more than 925 Hanger Clinic locations nationwide. Through its Products & Services segment, Hanger serves the broader O&P community and skilled nursing facilities through designing and distributing branded and private label O&P devices, products and components, providing consulting services, and offering post-acute rehabilitative solutions. Rooted in clinical research, excellence, and innovation, Hanger is a purpose-driven company focused on empowering human potential. For more information, visit corporate.hanger.com.
Contact:
Annie Myers
External Relations Manager
(210) 440-7380 or [email protected]