{"id":768783,"date":"2023-07-10T20:30:11","date_gmt":"2023-07-11T00:30:11","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ac-reports-preliminary-june-book-value-of-41-35-to-41-55-per-share\/"},"modified":"2023-07-10T20:30:11","modified_gmt":"2023-07-11T00:30:11","slug":"ac-reports-preliminary-june-book-value-of-41-35-to-41-55-per-share","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ac-reports-preliminary-june-book-value-of-41-35-to-41-55-per-share\/","title":{"rendered":"AC Reports Preliminary June Book Value of $41.35 to $41.55 Per Share"},"content":{"rendered":"

<\/p>\n

AC Reports Preliminary June Book Value of $41.35 to $41.55 Per Share<\/b><\/p>\n

GREENWICH, Conn.–(BUSINESS WIRE<\/a>)–
\nAssociated Capital Group, Inc. (\u201cAC\u201d or the \u201cCompany\u201d) (NYSE: AC), <\/b>announced today a preliminary range for its second quarter book value of $41.35 to $41.55 per share. This compares to $41.30 per share at March 31, 2023, $40.48 per share at December 31, 2022 and $40.30 per share at June 30, 2022.<\/p>\n

\nAssets under management were $1.55 billion at June 30, 2023, compared to $1.80 billion at June 30, 2022.<\/p>\n

\nAC will be issuing further details on its financial results in August.<\/p>\n

About Associated Capital Group, Inc.<\/b><\/p>\n

\nAssociated Capital Group, Inc. (NYSE: AC), based in Greenwich, Connecticut, is a diversified global financial services company that provides alternative investment management through Gabelli & Company Investment Advisers, Inc. (\u201cGCIA\u201d). We have also earmarked proprietary capital for our direct investment business that invests in new and existing businesses. The direct investment business is developing along several core pillars: Gabelli Private Equity Partners, LLC (\u201cGPEP\u201d), formed in August 2017 with $150 million of authorized capital as a \u201cfund-less\u201d sponsor, and Gabelli Principal Strategies Group, LLC (\u201cGPS\u201d), created in December 2015 to pursue strategic operating initiatives.<\/p>\n

SPECIAL NOTE REGARDING FORWARD-LOOKING INFORMATION<\/b><\/p>\n

\nOur disclosure and analysis in this press release contain \u201cforward-looking statements\u201d. Forward-looking statements convey our current expectations or forecasts of future events. You can identify these statements because they do not relate strictly to historical or current facts. They use words such as \u201canticipate,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cproject,\u201d \u201cintend,\u201d \u201cplan,\u201d \u201cbelieve,\u201d and other words and terms of similar meaning. They also appear in any discussion of future operating or financial performance. In particular, these include statements relating to future actions, future performance of our products, expenses, the outcome of any legal proceedings, and financial results. Although we believe that we are basing our expectations and beliefs on reasonable assumptions within the bounds of what we currently know about our business and operations, the economy and other conditions, there can be no assurance that our actual results will not differ materially from what we expect or believe. Therefore, you should proceed with caution in relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230710813504\/en\/<\/a><\/span><\/p>\n

\nDouglas R. Jamieson
\n
Chief Executive Officer
\n
(203) 629-9595
\n
Associated-Capital-Group.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Connecticut<\/p>\n

INDUSTRY KEYWORDS:<\/b> Banking Asset Management Professional Services Finance<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

AC Reports Preliminary June Book Value of $41.35 to $41.55 Per Share GREENWICH, Conn.–(BUSINESS WIRE)– Associated Capital Group, Inc. (\u201cAC\u201d or the \u201cCompany\u201d) (NYSE: AC), announced today a preliminary range for its second quarter book value of $41.35 to $41.55 per share. This compares to $41.30 per share at March 31, 2023, $40.48 per share at December 31, 2022 and $40.30 per share at June 30, 2022. Assets under management were $1.55 billion at June 30, 2023, compared to $1.80 billion at June 30, 2022. AC will be issuing further details on its financial results in August. About Associated Capital Group, Inc. Associated Capital Group, Inc. (NYSE: AC), based in Greenwich, Connecticut, is a diversified global financial services company that … <\/p>\n

Continue reading “AC Reports Preliminary June Book Value of $41.35 to $41.55 Per Share”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-768783","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAC Reports Preliminary June Book Value of $41.35 to $41.55 Per Share - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ac-reports-preliminary-june-book-value-of-41-35-to-41-55-per-share\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AC Reports Preliminary June Book Value of $41.35 to $41.55 Per Share - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"AC Reports Preliminary June Book Value of $41.35 to $41.55 Per Share GREENWICH, Conn.–(BUSINESS WIRE)– Associated Capital Group, Inc. (\u201cAC\u201d or the \u201cCompany\u201d) (NYSE: AC), announced today a preliminary range for its second quarter book value of $41.35 to $41.55 per share. This compares to $41.30 per share at March 31, 2023, $40.48 per share at December 31, 2022 and $40.30 per share at June 30, 2022. Assets under management were $1.55 billion at June 30, 2023, compared to $1.80 billion at June 30, 2022. AC will be issuing further details on its financial results in August. About Associated Capital Group, Inc. Associated Capital Group, Inc. 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