Silvercrest Asset Management Group Inc. Announces $12 Million Common Stock Repurchase Program

Group 1 - Silvercrest Asset Management Group Inc. announced a common stock repurchase program, authorizing the purchase of up to $12.0 million of its Class A common stock over the next 12 months, depending on market conditions [1] - The repurchase may occur in the open market at prices deemed appropriate by the Company, subject to market conditions and applicable laws [1] - The program does not obligate the Company to repurchase any specific dollar amount or number of shares and may be suspended or discontinued at any time [1] Group 2 - Silvercrest was founded in April 2002 as an independent, employee-owned registered investment adviser, providing traditional and alternative investment advisory services [3] - As of June 30, 2024, Silvercrest reported assets under management totaling $33.4 billion [3]