---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-025564"
form_type: "8-K"
ticker: "ACGP"
cik: "0001642122"
company_name: "Associated Capital Group, Inc."
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T10:58:26.233999+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Associated Capital Q2 net income $3.0M, AUM $1.36B down 12% from year-end

## Summary
- Revenue $2.6M up from $2.4M YoY; operating loss before mgmt fee widened to $3.2M from $2.9M.
- AUM fell $229M from year-end 2023 due to $195M net outflows, $19M market depreciation, $15M currency impact.
- Book value per share $42.87 vs $42.80 at March 31, 2024; net income $0.14 diluted EPS vs $0.15 prior year.
- Board approved $0.20/share SDCC ($4.3M) and increased buyback authorization by 200k shares.
- Repurchased 65,469 Class A shares for $2.2M in Q2; cumulative shareholder returns $178.5M since 2015.

## SEC filing metadata
- accession: 0001437749-24-025564
- form_type: 8-K
- ticker: ACGP
- cik: 0001642122
- company_name: Associated Capital Group, Inc.
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1642122/000143774924025564/0001437749-24-025564-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1642122/000143774924025564/ac20240618_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-025564
- JSON: https://secwatch.observer/filing/0001437749-24-025564.json
- Plain text: https://secwatch.observer/filing/0001437749-24-025564.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.