Speedcast International Ltd - joins S&P ASX 200 Index

Speedcast International Ltd - joins S&P ASX 200 Index

 

Speedcast International Limited (ASX:SDA) has announced that Standard & Poor's Dow Jones Indices has added Speedcast to the S&P/ASX 200, effective after the close of market on 19 June 2017.

Speedcast listed on ASX in August 2014 at a market capitalisation of A$235.5 million.

Speedcast was added to the S&P/ASX 300 on 18 March 2016 and the company's continued expansion, including the acquisition of Harris Caprock in January 2017, has resulted in its market capitalisation increasing to over A$920 million.

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