JMP Group Increases Share Repurchase Authorization
08 Oktober 2014 - 10:10PM
Business Wire
JMP Group Inc. (NYSE:JMP), an investment banking and alternative
asset management firm, announced today that its board of directors
has authorized the repurchase of up to 722,112 additional shares of
the company’s outstanding common stock. Under the board’s prior
authorization, which was granted in March 2013, as of October 3,
2014, 777,888 shares remained eligible for repurchase through
December 31, 2014. This new authorization increases the total
number of shares eligible for repurchase to 1,500,000.
About JMP Group
JMP Group Inc. is an investment banking and asset management
firm that provides investment banking, sales and trading, and
equity research services to corporate and institutional clients as
well as alternative asset management products and services to
institutional and high-net-worth investors. JMP Group operates
through three subsidiaries: JMP Securities, Harvest Capital
Strategies and JMP Credit Advisors. For more information, visit
www.jmpg.com.
Investor Relations ContactJMP Group Inc.Andrew Palmer,
415-835-8978apalmer@jmpg.comorMedia Relations ContactDukas
Public RelationsSeth Linden, 212-704-7385seth@dukaspr.comZach
Leibowitz, 212-704-7385zach@dukaspr.com
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