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Stock impact report

Eagle Capital Growth Fund Elects Anne M. Nichols, CFA as Director; Expands Stock Repurchase Authority

Eagle Capital Growth Fund, Inc. (GRF) 
NASDAQ:AMEX Investor Relations: eaglecapitalgrowthfund.com
Company Research Source: Business Wire
MILWAUKEE--(BUSINESS WIRE)--The Board of Directors of Eagle Capital Growth Fund, Inc. (“Fund”) (NYSE American: GRF) at a regular Board meeting today unanimously elected Anne M. Nichols, CFA as a Director.Ms. Nichols is a Managing Director of Fern Capital, Inc. (Detroit, MI), a registered investment advisor. Ms. Nichols received her undergraduate degree (BS) in Business Administration (with a specialization in Finance) from Marquette University (Milwaukee, WI) in 1983, and she secured her Chartered Financial Analyst designation in 1986. Ms. Nichols was elected as a Director in Class II, with a term that expires at the Fund’s 2024 Annual Meeting of Shareholders.At this meeting the Board also replaced the Fund’s existing stock repurchase authority with a new Common Stock repurchase plan authorizing Fund management to repurchase up to 1,000,000 shares. The Fund is authorized to repurchase shares in the open market or otherwise, at a price or prices reasonably related to the then preva Show less Read more
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