{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-003656","form_type":"8-K","ticker":"ACGP","cik":"0001642122","company_name":"Associated Capital Group, Inc.","filed_at":"2024-02-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.949641+00:00","generated_at":"2026-06-06T04:51:34.098659+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Associated Capital Q4 net income $16.3M ($0.76 EPS); book value $42.11; additional 350K share buyback authorized","bullets":["Full year 2023 net income $37.5M ($1.72 diluted EPS) vs loss of $48.9M ($2.22 loss) in 2022; revenue down 17% to $12.7M.","Book value $42.11 per share (+4% YoY); AUM $1.59B, down 13.6% from $1.84B, reflecting $325M net outflows.","Board authorized repurchase of up to 350K additional shares; YTD repurchased 452,688 Class A shares for $16.3M.","Merger arbitrage strategy net return 3.56% in 2023; positive net returns in 37 of last 39 years.","Semi-annual dividend $0.10 per share paid Dec 14; total shareholder returns of $208.8M since 2015 spin-off."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-003656","json":"https://secwatch.observer/filing/0001437749-24-003656.json","markdown":"https://secwatch.observer/filing/0001437749-24-003656.md","text":"https://secwatch.observer/filing/0001437749-24-003656.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1642122/000143774924003656/0001437749-24-003656-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1642122/000143774924003656/ac20231113c_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T04:51:34.098659+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"64bd9b38c0610d45e4a17ca01e4470d956b160e9","claim":"Associated Capital Group, Inc. reported Fourth quarter 2023 results: revenue $5.6 million, net income $16.3 million, EPS $0.76 per share.","evidence_excerpt":", book value was $ 42.11 per share versus $41.43 per share at September 30, 2023 and $40.48 per share at December 31, 2022. Fourth Quarter Results Fourth quarter revenues were $5.6 million compared to $7.5 million for the fourth quarter of 2022, based on lower average AUM and lower performance-based fees in 2023. Total operating expenses, excluding management fee,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1642122/000143774924003656/0001437749-24-003656-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Fourth quarter 2023"},{"label":"Revenue","value":"$5.6 million"},{"label":"Net income","value":"$16.3 million"},{"label":"EPS","value":"$0.76 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"92a322ed1e9d6143a6160360162ed33848b18d1c","claim":"Associated Capital Group, Inc. reported Full year 2023 results: revenue $12.7 million, net income $37.5 million, EPS $1.72 per share.","evidence_excerpt":"provision for income taxes was $5.6 million for the quarter compared to $2.9 million in the comparable period of 2022. Full Year Results Revenues for the year-ended 2023 were $12.7 million compared to $15.2 million in 2022, based on lower average AUM and lower performance-based fees in 2023. For 2023, the operating loss before Management fee was $11.5 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1642122/000143774924003656/0001437749-24-003656-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Full year 2023"},{"label":"Revenue","value":"$12.7 million"},{"label":"Net income","value":"$37.5 million"},{"label":"EPS","value":"$1.72 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}