Associated Capital Group Reports Increase in Q1 Book Value

By Bobby Samwell • Saturday, April 06 10:25 • Permanent Link

Associated Capital Group, Inc. (AC) has reported a preliminary range for its first quarter book value of $42.67 to $42.87 per share. This marks an increase compared to $42.11 per share at December 31, 2023, and $41.30 per share at March 31, 2023. The company will be providing further details on its financial results in May.

This indicates a positive trend in the company's book value per share, showing growth from the previous periods. This increase may reflect the company's efforts in alternative investment management and its direct investment business. It also suggests potential growth in the company's overall financial performance. The market has reacted to these announcements by moving the company's shares 0.2% to a price of $32.39. For more information, read the company's full 8-K submission here.

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