secwatch.observer — SEC 8-K summary
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Issuer:     Associated Capital Group, Inc. (ACGP)
CIK:        0001642122
Form:       8-K
Filed at:   2025-02-05T23:59:59+00:00
Accession:  0001437749-25-002919
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AC reports Q4 net income $0.20/sh, full-year EPS $2.08; AUM down 22% to $1.25B
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- Net income Q4 $4.28M ($0.20 EPS); full year $44.33M ($2.08 EPS) vs $1.72 in 2023.
- Year-end AUM $1.25B, down from $1.59B in 2023 on $363M net outflows, $29M currency impact, offset by $49M market appreciation.
- Book value per share $42.14, essentially flat YoY after $2.20/share dividends paid.
- Returned $58.6M ($2.72/share) to shareholders in 2024 via dividends ($46.8M) and share repurchases ($11.8M).
- Sold 1.15M shares of GAMCO for $30.4M; cash and investments $40.78 per share at year-end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1642122/000143774925002919/0001437749-25-002919-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1642122/000143774925002919/ac20250127_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-002919

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer