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Stock impact report

BGC Group Set to Join S&P SmallCap 600

BGC Group, Inc. - Class A (BGC) 
Last bgc group, inc. - class a earnings: 8/2 04:20 pm Check Earnings Report
Company Research Source: PR Newswire
Company repurchased approximately 10 million shares quarter to dateNEW YORK, March 4, 2024 /PRNewswire/ -- BGC Group, Inc. (NASD: BGC), a leading global brokerage and financial technology company, today announced it will join the S&P SmallCap 600 index, effective prior to the open of trading on Monday, March 18, 2024. The S&P SmallCap 600 seeks to measure the small-cap segment of the U.S. equity market. "BGC Group's inclusion in the S&P SmallCap 600 index is a significant milestone for our company," said Howard W. Lutnick, Chairman and CEO of BGC Group. "Following our successful Corporate Conversion, this is another meaningful step in our growth and long-term value creation for our shareholders."Additionally, over the course of the first quarter of 2024, BGC Group has repurchased 9,820,280 shares of BGC Class A common stock for an average purchase price of $6.98 per share.About BGC Group, Inc.BGC Group, Inc. ("BGC") is a leading global brokerage and financial technology company. BGC, Show less Read more
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