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.
Associated Capital Group, Inc. (historically NYSE: AC) generates regular news flow as a diversified financial services company focused on alternative investment management and proprietary capital deployment. Company press releases and SEC filings highlight developments in its merger arbitrage and other alternative strategies, assets under management, book value per share, and the performance of its longest continuously offered merger arbitrage fund.
News about Associated Capital often centers on quarterly and annual financial results, including revenues from investment advisory and incentive fees, operating income measures, and net investment and other non-operating income driven by its proprietary investment portfolio. Updates frequently include detailed breakdowns of assets under management across merger arbitrage, long/short value and other strategies, along with commentary on client flows, market appreciation and currency effects.
Investors following AC-related news also see announcements about capital management actions such as semi-annual dividends, special cash dividends, and Class A share repurchase activity, as well as information on shareholder-designated charitable contribution programs. In 2025, a key news theme was the company’s decision to voluntarily delist its Class A common stock from the NYSE and seek quotation on the OTCQX platform, documented in press releases and an 8-K filing describing the rationale, expected timing and impact on SEC reporting obligations.
This news page aggregates historical and ongoing coverage related to Associated Capital’s operations, strategy performance, capital allocation and listing status. Readers researching the AC ticker can use these articles to understand how the company communicates changes in its business, reports on its alternative investment activities, and explains major corporate actions such as the NYSE delisting and subsequent transition to OTCQX trading.
GAMCO Investors, Inc. (NYSE:GBL) has appointed Douglas R. Jamieson to its Board of Directors. With over 40 years at GAMCO, Jamieson has held key roles including Executive Vice President and Chief Operating Officer of GAMCO Asset Management and President and CEO of Associated Capital Group since its spinoff in 2015. GAMCO Investors is renowned for its research-driven equity investing and manages various investment strategies through subsidiaries, serving a diverse client base including institutions and individual investors.
Associated Capital Group reported strong financial results for 2021, with a record book value of $42.48 per share and AUM reaching $1.78 billion. The company achieved a full-year diluted EPS of $2.68, up from $0.84 in 2020, driven by record net inflows of $356 million and market appreciation of $74 million. However, operating losses before management fees increased to $10.7 million. The Board declared a semi-annual dividend of $0.10 per share, supporting its commitment to return value to shareholders.
Associated Capital Group (NYSE:AC) reported its preliminary financial results for the fourth quarter and the year ending December 31, 2021. The estimated book value per share increased to between
The Board of Associated Capital Group (NYSE: AC) has approved a $0.30 per share Shareholder Designated Charitable Contribution (SDCC) for registered Class A and Class B shareholders. To qualify, shareholders must register shares by December 1, 2021. This initiative will allow approximately $6.6 million to be donated to eligible 501(c)(3) organizations, totaling around $32 million contributed to over 160 charities since the company's inception. This reflects AC’s commitment to charitable giving as a core company value.
Associated Capital Group reported financial results for Q3 2021, showcasing a significant increase in Assets Under Management (AUM) of $1.68 billion, up from $1.25 billion a year prior. Book value per share rose to $42.24 compared to $38.25 in 2020. Q3 revenues reached $2.1 million, a slight increase from $1.9 million in Q3 2020. Despite a net income of $1.5 million, operating losses were reported at $169,000. A dividend of $0.10 per share was declared, with a notable charitable contribution of $6.6 million approved for 501(c)(3) organizations.
Associated Capital Group, Inc. (AC) announced preliminary third-quarter book value ranging from
Associated Capital Group reported its Q2 2021 results, revealing a net income of $29.7 million, down from $35.2 million in Q2 2020, with earnings per share at $1.34 compared to $1.57 the previous year. The company’s assets under management (AUM) reached $1.61 billion, up from $1.31 billion year-over-year. Despite an operating loss of $10.4 million, non-operating income was strong at $48.6 million. The book value per share increased to $42.21. Additionally, investment strategies showed positive returns, with merger arbitrage generating gross returns of 3.5% for Q2.
Associated Capital Group (AC) reported a second quarter preliminary book value increase to $42.10 to $42.30 per share, up from $41.22 on March 31, 2021. This marks a notable rise from $40.36 on December 31, 2020, and $38.09 on June 30, 2020. Additionally, assets under management reached $1.611 billion by June 30, 2021, compared to $1.305 billion a year earlier. The company intends to disclose further financial details in early August.
Associated Capital Group, Inc. (AC) highlights the Gabelli Value Plus+ Trust's (GVP) strong performance since opting against liquidation in July 2020. The Trust has achieved significant returns, with NAV of £1.75 and $2.46 as of 9/6/2021. The AC Board agreed to abstain from voting on the Trust’s continuation, recommending shareholders consider its future at the upcoming AGM. With the U.S. economic recovery, AC believes GVP is positioned for attractive risk-adjusted returns moving forward.
Associated Capital Group reported its Q1 2021 results, showing total Assets Under Management (AUM) of $1,495 million, up from $1,473 million in Q1 2020. Revenue decreased to $2,325 million compared to $2,962 million the previous year. The company recorded an operating loss of $6,365 million, significantly worse than the $640 million loss in Q1 2020. However, non-operating income turned positive at $30,681 million, contrasting sharply with the $(100,091 million) loss in the same quarter last year.