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Stock impact report

Associated Capital Reports Preliminary First Quarter Book Value of  $36.70 to $36.90 Per Share

Associated Capital Group, Inc. (AC) 
US:NYSE Investor Relations: associated-capital-group.com/ir
Company Research Source: Business Wire
GREENWICH, Conn.--(BUSINESS WIRE)--Associated Capital Group, Inc. (“AC” or the “Company”), announced today a range of its first quarter preliminary book value of $36.70 to $36.90 per share, driven largely by changes in mark-to-market values. This compares to $39.93 per share at December 31, 2019 and $39.38 at March 31, 2019. Assets under management were $1.51 billion at March 31, 2020 as compared to $1.59 billion at March 31, 2019.Associated Capital will be issuing further details on its financial results in early May.About Associated Capital Group, Inc.Associated Capital, based in Greenwich Connecticut, is a diversified global financial services company that provides alternative investment management through Gabelli & Company Investment Advisers, Inc. (“GCIA” f/k/a Gabelli Securities, Inc.). We have also earmarked proprietary capital for our direct investment business that invests in new and existing businesses. The direct investment business is developing along three core pillar Show less Read more
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