JMP Group Increases Share Repurchase Authorization
January 13 2016 - 6:45AM
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 an additional one million of the
company’s outstanding common shares. As a result, as of the close
of the market on January 12, 2016, a total of 1,135,630 common
shares were eligible for repurchase through December 31,
2016.
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/20160113005244/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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