Patrick Huvane
Patrick Huvane, the Vice President of Corporate Development, will become Interim CEO.
Highest-materiality recent filing
Associated Capital Group to voluntarily delist from NYSE and deregister with SEC
Board determined burdens of being a public company outweigh advantages, citing cost savings and reduced management demands.
Associated Capital Q2 net income $18.6M ($0.88 EPS), merger arbitrage gross return +5.45%
Net income of $18.6M vs $3.0M in Q2 2024; EPS $0.88 vs $0.14.
Associated Capital Q1 net income falls 44.5% to $7.7M; CEO Jamieson retires, Huvane interim CEO
Net income $7.7M ($0.36 diluted EPS) vs $13.8M ($0.64) in Q1 2024; revenue down 29% to $2.1M.
CEO Douglas R. Jamieson to retire March 17, 2025; Patrick Huvane named Interim CEO
Jamieson retires as CEO and President effective March 17, 2025, remains on Board.
Net income $23.2M ($1.09 EPS) vs net loss $16K in Q3 2023; revenue $2.4M, up from $2.2M.
Associated Capital declares special dividend of $2.00 per share; payable Nov 4
Special cash dividend of $2.00 per share declared, payable Nov 4, 2024 to holders of record Oct 21, 2024.
AC reports Q1 book value $42.80, net income $13.8M, AUM $1.55B
Book value per share $42.80, up from $42.11 at Dec 31, 2023 and $41.30 a year ago.
Patrick Huvane, the Vice President of Corporate Development, will become Interim CEO.
On February 28, 2025, Associated Capital Group, Inc. (the “Company”) announced that Douglas R. Jamieson will be retiring as its Chief Executive Officer and President effective March 17, 2025, and will continue in his role as a Director of the Company.
Max materiality 0.90 · Median 0.55 · Most common event other_material