Associated Capital Group Files 2024 10-K, Stock Repurchases Highlighted
Ticker: ACGP · Form: 10-K · Filed: Mar 19, 2025 · CIK: 1642122
| Field | Detail |
|---|---|
| Company | Associated Capital Group, Inc. (ACGP) |
| Form Type | 10-K |
| Filed Date | Mar 19, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, financials, stock-repurchase
TL;DR
AC Associated Capital Group 2024 10-K out. $11.8M stock buybacks in '24. Check financials.
AI Summary
Associated Capital Group, Inc. filed its 2024 10-K on March 19, 2025, reporting its financial performance for the fiscal year ending December 31, 2024. The company, formerly Gabelli Securities Group, Inc., is based in Greenwich, CT. Key financial figures include total assets of $100,000,000 and total liabilities of $19,196,792 as of December 31, 2024. The company also reported repurchases of its stock totaling $11.8 million in 2024 and $16.3 million in 2023.
Why It Matters
This filing provides investors with a comprehensive overview of Associated Capital Group's financial health and strategic actions, such as stock repurchases, which can impact shareholder value.
Risk Assessment
Risk Level: medium — The filing is a standard annual report and does not contain immediate red flags, but the financial details within require further analysis.
Key Numbers
- $100,000,000 — Total Assets (As of December 31, 2024)
- $19,196,792 — Total Liabilities (As of December 31, 2024)
- $11.8 million — Stock Repurchases (2024) (Significant capital return to shareholders)
- $16.3 million — Stock Repurchases (2023) (Previous year's capital return to shareholders)
- 0.001 — Earnings Per Share (Diluted) (Reported for the fiscal year)
Key Players & Entities
- Associated Capital Group, Inc. (company) — Filer of the 10-K
- Gabelli Securities Group, Inc. (company) — Former name of Associated Capital Group, Inc.
- 20250319 (date) — Filing date of the 10-K
- 20241231 (date) — Fiscal year end date
- $11.8 million (dollar_amount) — Amount of stock repurchased in 2024
- $16.3 million (dollar_amount) — Amount of stock repurchased in 2023
- 191 MASON STREET, GREENWICH, CT 06830 (address) — Business and mailing address
FAQ
What were the primary drivers of Associated Capital Group's financial performance in fiscal year 2024?
The filing does not provide specific details on the drivers of financial performance in the provided snippet, but mentions stock repurchases totaling $11.8 million.
What is the company's strategy regarding share repurchases, as indicated by the 2024 10-K?
The company repurchased $11.8 million of stock in 2024 and $16.3 million in 2023, indicating a continued strategy of returning capital to shareholders.
What is the total equity of Associated Capital Group as of December 31, 2024?
Total equity can be calculated as Total Assets ($100,000,000) minus Total Liabilities ($19,196,792), resulting in $80,803,208.
When did Associated Capital Group change its name from Gabelli Securities Group, Inc.?
The name change occurred on May 12, 2015.
What is the company's SIC code and industry classification?
The company's SIC code is 6211, and it is classified under 'SECURITY BROKERS, DEALERS & FLOTATION COMPANIES'.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 19, 2025 regarding Associated Capital Group, Inc. (ACGP).