JMP Group Increases Share Repurchase Authorization
30 Oktober 2015 - 7:15PM
Business Wire
JMP Group LLC (NYSE:JMP), an investment banking and alternative
asset management firm, announced today that its board of directors
has authorized the repurchase of up to one million shares of the
company’s outstanding common stock and has extended the term of the
repurchase program through December 31, 2016. The authorization
adds 472,358 shares to the board’s prior authorization, which was
granted in October 2014 and had been set to expire on December 31,
2015.
About JMP Group
JMP Group LLC is an investment banking and asset management firm
that provides investment banking, equity research, and sales and
trading services to corporate and institutional clients as well as
alternative asset management products and services to institutional
and high-net-worth investors. JMP Group conducts its investment
banking and research, sales and trading activities through JMP
Securities; its hedge fund and other investment activities though
Harvest Capital Strategies; the underwriting and management of
investments in senior secured debt through JMP Credit Advisors; and
the management of Harvest Capital Credit Corporation (NASDAQ:HCAP),
a business development company that finances small and midsized
businesses, through HCAP Advisors. For more information, visit
www.jmpg.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20151030005902/en/
Investor Relations ContactJMP Group LLCAndrew Palmer,
415-835-8978apalmer@jmpg.comorMedia Relations ContactsDukas
Public RelationsSeth Linden, 212-704-7385seth@dukaspr.comZach
Leibowitz, 212-704-7385zach@dukaspr.com
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