AC Associated Capital Group

Frederic V. Salerno Joins Board of Directors of Associated Capital Group

RYE, N.Y.--(BUSINESS WIRE)--

Associated Capital Group, Inc. (NYSE:AC) today announced the election of Frederic V. Salerno, the former Vice Chairman of Verizon Communications Inc., to its board of directors.

Mr. Salerno, who was with Verizon and its predecessor companies from 1965 to 2002, currently is a member of the Board of Directors of Akamai Technologies, Inc., FCB Financial Holdings, Inc. and the Intercontinental Exchange, Inc. He is a past director of CBS, Keyspan, Consolidated Edison among other public company directorships. Mr. Salerno has also served on the Board of Trustees of a number of community and educational organizations, including Manhattan College and the Archdiocese of New York’s Partnership for Quality Education.

Mario J. Gabelli, Executive Chairman of Associated Capital Group said, “We are delighted to have the good fortune of Fred’s counsel on our board. Fred has been a valuable contributor to the boards of our affiliated companies over the years. He is an exceptionally talented and knowledgeable professional and we are privileged to have him serve our shareholders.”

About Associated Capital Group, Inc.:

Associated Capital Group operates as diversified financial services and investment management business with three core pillars of operations; a principal strategies group which invests the firms proprietary capital in new and existing businesses; an asset management business that emphasizes event driven value and merger arbitrage oriented alternative investment portfolios for institutions and high net worth investors; and institutional research services business, publishing research as Gabelli & Company, and was founded in 1976.

SPECIAL NOTE REGARDING FORWARD-LOOKING INFORMATION

Our disclosure and analysis in this press release may contain some forward-looking statements. Forward-looking statements give our current expectations or forecasts of future events. In particular, these include statements relating to future actions, future performance and financial results. Although we believe that we are basing our expectations and beliefs on reasonable assumptions within the bounds of what we currently know about our business and operations, there can be no assurance that our actual results will not differ materially from what we expect or believe.

EN
08/02/2017

Underlying

ACAssociated Capital Group

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Associated Capital Group

 PRESS RELEASE
Free
AC Associated Capi...

ASSOCIATED CAPITAL GROUP, INC. (OTCQX: ACGP) Reports Third Quarter Res...

ASSOCIATED CAPITAL GROUP, INC. (OTCQX: ACGP) Reports Third Quarter Results Our merger arbitrage strategy returned +4.0% before expenses (+3.0% net) in the third quarter and +13.8% before expenses (+10.4% net) for the first nine months of the yearExpect vibrant M&A activity over the balance of the yearNet inflows of $22 million in the third quarterAssets Under Management (“AUM”): $1.41 billion at September 30, 2025 compared to $1.34 billion at June 30, 2025Book Value per share ended the quarter at $44.23 per share vs $43.30 at June 30, 2025 GREENWICH, Conn., Nov. 07, 2025 (GLOBE NEWSWIRE)...

November 7, 2025 1 EN
 PRESS RELEASE
Free
AC Associated Capi...

Associated Capital Announces 100% Dividend Increase and Expansion of S...

Associated Capital Announces 100% Dividend Increase and Expansion of Share Repurchase Authorization GREENWICH, Conn., Nov. 07, 2025 (GLOBE NEWSWIRE) -- Associated Capital Group, Inc. (“AC” or the “Company”) (OTCQX: ACGP), announced today several shareholder compensation initiatives. The Board of Directors (the “Board”) approved a 100% increase in the Company’s regular cash dividend. Beginning in 2026, the quarterly dividend rate will be set at $0.10 per share, compared to the current rate of $0.10 per share paid semi-annually. In addition, the Board declared a semi-annual dividend of $0...

November 7, 2025 1 EN
 PRESS RELEASE
Free
AC Associated Capi...

AC Reports Preliminary September 30 Book Value of $44.15 to $44.35 Per...

AC Reports Preliminary September 30 Book Value of $44.15 to $44.35 Per Share GREENWICH, Conn., Oct. 02, 2025 (GLOBE NEWSWIRE) -- Associated Capital Group, Inc. (“AC” or the “Company”) (OTCQX: ACGP), announced today a preliminary range for its third quarter book value of $44.15 to $44.35 per share. This compares to $43.30 per share at June 30, 2025 and $42.14 per share at December 31, 2024. AC will be issuing further details on its financial results in November. About Associated Capital Group, Inc.Associated Capital Group, Inc. (OTCQX: ACGP), based in Greenwich, Connecticut, is a diversi...

October 2, 2025 1 EN
 PRESS RELEASE
Free
AC Associated Capi...

Associated Capital Group, Inc. Update on Voluntary NYSE Delisting and ...

Associated Capital Group, Inc. Update on Voluntary NYSE Delisting and SEC Deregistration GREENWICH, Conn., Sept. 04, 2025 (GLOBE NEWSWIRE) -- as previously disclosed in our August 15, 2025 announcement, Associated Capital Group, Inc. (NYSE: AC) (“AC” or the “Company”) is voluntarily delisting its Class A common stock (“common stock”) from the NYSE and deregistering under Section 12(b) of the Securities Exchange Act of 1934 (“Exchange Act”). AC filed Form 25 with the U.S. Securities and Exchange Commission (the “SEC”) on August 25, 2025. The last day of trading in AC’s common stock on the ...

September 4, 2025 1 EN
 PRESS RELEASE
Free
AC Associated Capi...

Associated Capital Group, Inc. Announces Voluntary NYSE Delisting and ...

Associated Capital Group, Inc. Announces Voluntary NYSE Delisting and SEC Deregistration GREENWICH, Conn., Aug. 15, 2025 (GLOBE NEWSWIRE) -- Associated Capital Group, Inc. (NYSE: AC) (“AC” or the “Company”) announced today that it has given formal notice to the New York Stock Exchange (“NYSE”) of its intention to voluntarily delist its Class A common stock (the “common stock”) from the NYSE and to deregister under Section 12(b) of the Securities Exchange Act of 1934 (the “Exchange Act”). Following the de-listing from the NYSE, we expect to provide liquidity to AC’s Class A stock sharehold...

August 15, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch