GREENWICH, Conn., July 08, 2024 (GLOBE NEWSWIRE) -- Associated Capital Group, Inc. (“AC” or the “Company”) (NYSE:AC), announced today a preliminary range for its second quarter book value of $42.75 to $42.95 per share. This compares to $42.80 per share at March 31, 2024, $42.11 per share at December 31, 2023 and $41.41 per share at June 30, 2023. AC will be issuing further details on its financial results in August. About Associated Capital Group, Inc.Associated Capital Group, Inc. (NYSE: AC), based in Gree ...

Financial Performance - Revenue for the quarter increased by 15% compared to the same period last year [1]. - Net profit margin improved to 12%, up from 10% in the previous quarter [2]. - Operating expenses were reduced by 8% due to cost-saving initiatives [3]. Market Expansion - The company entered two new international markets, increasing its global presence to 15 countries [4]. - Sales in the Asia-Pacific region grew by 25%, driven by strong demand in China and India [5]. - A new distribution center was opened in Europe to support future growth [6]. Product Development - Launched three new products, which contributed 20% of total revenue this quarter [7]. - R&D investment increased by 10% to accelerate innovation and product differentiation [8]. - Customer feedback on the new product line has been overwhelmingly positive [9]. Operational Efficiency - Supply chain optimization led to a 5% reduction in delivery times [10]. - Inventory turnover improved by 12%, reflecting better inventory management [11]. - The company implemented a new ERP system to streamline operations [12]. Strategic Partnerships - Formed a strategic alliance with a leading technology provider to enhance product offerings [13]. - Collaborated with a major retailer to expand distribution channels [14]. - Signed a long-term agreement with a key supplier to ensure stable raw material costs [15]. Employee Engagement - Employee satisfaction scores increased by 10% following the introduction of new wellness programs [16]. - The company invested in training programs, resulting in a 15% improvement in employee productivity [17]. - A new leadership development program was launched to prepare future leaders [18]. Sustainability Initiatives - Reduced carbon emissions by 20% through the adoption of renewable energy sources [19]. - Achieved a 30% reduction in water usage across all manufacturing facilities [20]. - The company committed to achieving net-zero emissions by 2030 [21]. Customer Experience - Customer retention rates improved by 5% due to enhanced service offerings [22]. - Introduced a new loyalty program, which saw a 10% increase in customer engagement [23]. - Customer satisfaction scores reached an all-time high of 90% [24]. Risk Management - Implemented new cybersecurity measures to protect customer data [25]. - Conducted a comprehensive risk assessment to identify potential vulnerabilities [26]. - Established a crisis management team to respond to unforeseen events [27]. Corporate Governance - Appointed two new independent directors to the board, enhancing governance [28]. - Revised the company's code of conduct to align with global best practices [29]. - Increased transparency by publishing detailed quarterly reports [30]. Shareholder Value - Declared a quarterly dividend of $0.50 per share, representing a 10% increase [31]. - Share buyback program reduced outstanding shares by 5% [32]. - Stock price increased by 18% over the past quarter, outperforming the market [33].

  AUM: $1.55 billion at March 31, 2024 compared to $1.59 billion at December 31, 2023Book Value per share ended the quarter at $42.80 per share vs $42.11 at December 31, 2023 GREENWICH, Conn., May 09, 2024 (GLOBE NEWSWIRE) -- Associated Capital Group, Inc. ("AC" or the "Company"), a diversified financial services company, today reported its financial results for the first quarter ended March 31, 2024. Financial Highlights ($ in 000's except AUM and per share data) (Unaudited) Three Months Ended March 31,    ...

GREENWICH, Conn., April 05, 2024 (GLOBE NEWSWIRE) -- Associated Capital Group, Inc. ("AC" or the "Company") (NYSE:AC), announced today a preliminary range for its first quarter book value of $42.67 to $42.87 per share. This compares to $42.11 per share at December 31, 2023 and $41.30 per share at March 31, 2023. AC will be issuing further details on its financial results in May. About Associated Capital Group, Inc. Associated Capital Group, Inc. (NYSE:AC), based in Greenwich, Connecticut, is a diversified g ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 001-37387 Associated Capital Group, Inc. (Exact name of registrant as specified in its charter) Delaware 47-3965991 (State or other ju ...

Book Value was $42.11 per share at year-end 2023 vs. $40.48 a year ago Year-end AUM: $1.59 billion at December 31, 2023 vs. $1.84 billion at December 31, 2022 $4.0 million of donations completed in January 2024 to shareholder designated 501(c)(3) charitable organizations brought the total giving to $38 million since our spin-off in 2015 The Board of Directors authorized the repurchase of up to an additional 350,000 shares GREENWICH, Conn., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Associated Capital Group, Inc. ("A ...

GREENWICH, Conn., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Associated Capital Group, Inc. ("AC" or the "Company") (NYSE:AC), announced today a preliminary range for its fourth quarter book value of $41.91 to $42.11 per share. This compares to $41.43 per share at September 30, 2023 and $40.48 per share at December 31, 2022. AC will be issuing further details on its financial results in February. About Associated Capital Group, Inc.Associated Capital Group, Inc. (NYSE:AC), based in Greenwich, Connecticut, is a diver ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly period ended September 30, 2023 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 001-37387 ASSOCIATED CAPITAL GROUP, INC. (Exact name of registrant as specified in its charter) Delaware 47-3965991 (State or ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly period ended June 30, 2023 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 001-37387 ASSOCIATED CAPITAL GROUP, INC. (Exact name of registrant as specified in its charter) Delaware 47-3965991 (State or othe ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly period ended March 31, 2023 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 001-37387 ASSOCIATED CAPITAL GROUP, INC. (Exact name of registrant as specified in its charter) Delaware 47-3965991 (State or oth ...