Welcome to our dedicated page for Associated Cap Group news (Ticker: AC), a resource for investors and traders seeking the latest updates and insights on Associated Cap Group stock.
This page contains historical news coverage for Associated Capital Group, Inc. (AC), which operated as an investment advisory and asset management firm based in Greenwich, Connecticut. The company has since voluntarily delisted from the New York Stock Exchange and deregistered from SEC reporting requirements.
Associated Capital Group's news archive documents the company's quarterly book value updates, earnings announcements, and corporate developments during its time as a publicly traded company. The firm specialized in alternative investment management, underwriting services, and institutional research for hedge funds and asset managers.
This historical archive provides context for understanding the company's operations and the events leading to its voluntary departure from public markets. Browse past coverage to review quarterly financial updates, special dividend announcements, and corporate governance changes that characterized Associated Capital Group's trajectory as a publicly traded investment advisory firm.
Associated Capital Group, Inc. (AC) has announced a preliminary range for its first quarter book value, estimated between
Associated Capital Group reported its financial results for the fourth quarter and full year ended December 31, 2022. Book value was $40.48 per share, down from $42.48 in 2021. Assets under management (AUM) reached $1.84 billion, an increase from $1.78 billion the previous year, driven by $100 million in net inflows.
However, revenues declined to $15.2 million in 2022 from $20.9 million in 2021. The company experienced an operating loss of $11.3 million, compared to $10.7 million the prior year. Additionally, net investment loss was $49.2 million, a significant decrease from a gain of $100.4 million in 2021.
Associated Capital Group, Inc. (AC) announced preliminary estimates for its financial results for the fourth quarter and year ending December 31, 2022. The company's estimated book value per share is projected to be between
Associated Capital Group (AC) has extended the record date for its Shareholder Designated Charitable Contribution (SDCC) program to January 18, 2023, allowing shareholders more time to register for the program. The previous record date was December 31, 2022. To date, AC shareholders have contributed approximately $34 million to over 160 charities since the program began. A charitable contribution form will be distributed in late January, with a deadline for return set for February 28, 2023.