Associated Capital Announces 100% Dividend Increase and Expansion of Share Repurchase Authorization

Core Points - The Company announced several shareholder compensation initiatives, including a 100% increase in the regular cash dividend, setting the quarterly dividend rate at $0.10 per share starting in 2026, compared to the current semi-annual rate of $0.10 per share [1] - A semi-annual dividend of $0.10 per share was declared, to be paid on December 16, 2025, to shareholders of record on December 2, 2025 [2] - The Board authorized an increase of 500,000 shares to the existing share repurchase program, with future purchases subject to various factors including the Company's financial position and market conditions [3] Company Overview - Associated Capital Group, Inc. is a diversified global financial services company based in Greenwich, Connecticut, providing alternative investment management through Gabelli & Company Investment Advisers, Inc. [4] - The Company has earmarked proprietary capital for direct investment in new and existing businesses, with initiatives including Gabelli Private Equity Partners, LLC and Gabelli Principal Strategies Group, LLC [4]