Rand Capital Corp (RAND) Reports Q1 EPS of $0.03

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Rand Capital Announces First Quarter 2020 Results

May 11, 2020 6:30 AM EDT

Announced Special Dividend of $23.7 million, or $1.62 per share, in connection with plans to elect to become a regulated investment company Sold interest in Outmatch Holdings, LLC for gain of $2.3 million Net asset value at March 31, 2020 was $3.69 per share Board approved 1:9 reverse stock split following dividend distribution Board authorized a new share buyback program to allow for repurchase of up to $1.5 million in shares outstanding

BUFFALO, N.Y.--(BUSINESS... More