Central Securities Corporation Releases Report to Stockholders

Rhea-AI Summary

Central Securities Corporation (CET) released its Report to Stockholders for the nine months ending September 30, 2021. Key highlights include an increase in net assets, which rose to $1.32 billion from $921.97 million in 2020. The net assets per common share increased to $50.31 from $35.78. Shares outstanding grew slightly to 26,243,903 from 25,771,137. These figures indicate substantial growth year-on-year in both net assets and net asset value per share for CET.

Positive

• Net assets increased to $1.32 billion from $921.97 million year-on-year.
• Net assets per common share grew to $50.31 from $35.78.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- Central Securities Corporation (NYSE American: CET), a closed-end investment company, today released its Report to Stockholders for the nine months ended September 30, 2021.

Figures as of September 30, 2021 compared with those of one year ago, are as follows:

			September 30,			September 30,
			2021			2020
Net assets per common share			$50.31			$35.78
Net assets			$1,320,425,332			$921,973,718
Shares outstanding			26,243,903			25,771,137

Additional details are available at www.centralsecurities.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211108006082/en/

Central Securities Corporation

Marlene A. Krumholz, Secretary

212-698-2020

Source: Central Securities Corporation

FAQ

What are the net assets for Central Securities Corporation as of September 30, 2021?

Net assets for Central Securities Corporation are $1.32 billion as of September 30, 2021.

What is the net asset value per share for CET as of September 30, 2021?

The net asset value per share for CET is $50.31 as of September 30, 2021.

How many shares are outstanding for Central Securities Corporation?

There are 26,243,903 shares outstanding for Central Securities Corporation as of September 30, 2021.

How has CET's net asset value changed compared to last year?

CET's net asset value increased from $35.78 to $50.31 compared to last year.