Cowen Board of Directors Approves Increase in Share Repurchase Program to $50 million
Cowen announced an increase in its share repurchase program, raising the total amount available to $50 million. This decision reflects the company's commitment to enhancing shareholder value through strategic capital allocation.
Established in 1918, Cowen offers diverse financial services including investment banking, equity and credit research, and alternative investment products. The enhancement of the share repurchase program aims to leverage the company's financial strength and confidence in future growth.
- Increase in share repurchase program to $50 million, demonstrating commitment to enhancing shareholder value.
- None.
NEW YORK, Jan. 20, 2022 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company) today announced that its Board of Directors has approved an increase in the Company’s existing share repurchase program (the “Share Repurchase Program”). With this increase, the total amount now available for repurchase under the current plan is
About Cowen Inc.
Cowen Inc. (“Cowen” or the “Company”) is a diversified financial services firm offering investment banking services, equity and credit research, sales and trading, prime brokerage, global clearing, commission management services and actively managed alternative investment products. Cowen focuses on delivering value-added capabilities to our clients in order to help them outperform. Founded in 1918, the Company is headquartered in New York and has offices worldwide. Learn more at Cowen.com
For further information, contact:
Cowen Inc.
J.T. Farley, Investor Relations
(646) 562-1056
james.farley@cowen.com
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