Central Securities Corporation Releases Report to Stockholders

Rhea-AI Summary

Central Securities Corporation (NYSE American: CET) released its Report to Stockholders for the quarter ending March 31, 2021. The report highlights a significant increase in net assets, which rose to $1.18 billion compared to $813.96 million a year earlier. The net assets per common share also saw an improvement, reaching $44.99 compared to $31.55 in 2020. Total shares outstanding rose slightly to 26,243,903.

Positive

• Net assets increased to $1,180,829,973 from $813,963,233 year-over-year.
• Net assets per common share improved to $44.99 from $31.55 year-over-year.
• Shares outstanding rose moderately to 26,243,903.

Negative

• None.

Central Securities Corporation (NYSE American: CET), a closed-end investment company, today released its Report to Stockholders for the three months ended March 31, 2021.

Figures as of March 31, 2021 compared with those of one year ago, are as follows:

		March 31,		March 31,
		2021		2020
Net assets per common share		$44.99		$31.55
Net assets		$1,180,829,973		$813,963,233
Shares outstanding		26,243,903		25,798,210

Additional details are available at www.centralsecurities.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210428005689/en/

FAQ

What are the latest net asset figures for CET?

As of March 31, 2021, Central Securities Corporation's net assets are $1,180,829,973.

What is the current net asset per common share for CET?

The net asset per common share for CET is $44.99 as of March 31, 2021.

How many shares are outstanding for CET as of March 31, 2021?

CET has 26,243,903 shares outstanding as of March 31, 2021.

How does CET's net asset compare to last year?

CET's net assets have increased from $813,963,233 last year to $1,180,829,973 this year.