Tractor Supply Company Added To NASDAQ-100 Index
BRENTWOOD, Tenn., Dec. 20, 2013 /PRNewswire/ -- Tractor Supply Company (NASDAQ: TSCO), the largest retail farm and ranch store chain in the United States, today announced that it has been added to the NASDAQ-100 Index®, effective with the market open on Monday, December 23, 2013. Shares of TSCO will also be included in the NASDAQ-100 Index Tracking StockSM (NASDAQ: QQQ).
"We are proud to be joining this elite group of public companies traded on the NASDAQ exchange," said Anthony Crudele, Executive Vice President and Chief Financial Officer. "Being added to the NASDAQ-100 Index is a reflection of Tractor Supply Company's significant growth and its stock performance through the years and is another milestone in our Company's 75-year history."
Launched in January 1985, the NASDAQ-100 Index represents the largest and most active non-financial domestic and international issues listed on The NASDAQ Stock Market based on market capitalization. The NASDAQ-100 Index Tracking Stock was launched in March 1999 and represents ownership in the NASDAQ-100 Trust. The Trust holds a portfolio of equity securities that compose the NASDAQ-100 Index and aims to provide investment results that generally correspond with the NASDAQ-100 Index performance.
Read more: http://www.nasdaq.com/markets/indices/nasdaq-100.aspx
NASDAQ®, NASDAQ-100 Index® and The NASDAQ Stock Market® are registered trademarks of The NASDAQ Stock Market, Inc.
PowerShares QQQ™, formerly known as "QQQ" or the "NASDAQ-100 Index Tracking Stock®", is an exchange-traded fund based on the NASDAQ-100 Index®. The Fund will, under most circumstances, consist of all of the stocks in the Index.
About Tractor Supply Company
At September 28, 2013, Tractor Supply Company operated 1,245 stores in 47 states. The Company's stores are focused on supplying the lifestyle needs of recreational farmers and ranchers. The Company also serves the maintenance needs of those who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located in towns outlying major metropolitan markets and in rural communities. The Company offers the following comprehensive selection of merchandise: (1) equine, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including lawn and garden items, power equipment, gifts and toys; (4) maintenance products for agricultural and rural use; and (5) work/recreational clothing and footwear.
SOURCE Tractor Supply Company
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