EAGLE CAPITAL GROWTH FUND ELECTS ANNE M. NICHOLS, CFA AS
DIRECTOR; EXPANDS STOCK REPURCHASE AUTHORITY

August 19, 2021 04:01 PM Eastern Daylight Time
MILWAUKEE--(BUSINESS WIRE)--The Board of Directors of Eagle Capital Growth Fund, Inc. ('Fund') (NYSE American: GRF) at a regular Board meeting today unanimously elected Anne M. Nichols, CFA as a Director.

Ms. Nichols is a Managing Director of Fern Capital, Inc. (Detroit, MI), a registered investment advisor. Ms. Nichols received her undergraduate degree (BS) in Business Administration (with a specialization in Finance) from Marquette University (Milwaukee, WI) in 1983, and she secured her Chartered Financial Analyst designation in 1986. Ms. Nichols was elected as a Director in Class II, with a term that expires at the Fund's 2024 Annual Meeting of Shareholders.

At this meeting the Board also replaced the Fund's existing stock repurchase authority with a new Common Stock repurchase plan authorizing Fund management to repurchase up to 1,000,000 shares. The Fund is authorized to repurchase shares in the open market or otherwise, at a price or prices reasonably related to the then prevailing market price.

The Fund is a closed-end investment company that invests primarily in high quality growth companies. To learn more about the Fund, please go the Fund's website: www.eaglecapitalgrowthfund.com.

If you have a question about the Fund, please contact David C. Sims, the Fund's Chief Financial Officer and Chief Compliance Officer, at (414) 765-1107, or by e-mail to: dave@simscapital.com

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Eagle Capital Growth Fund Inc. published this content on 20 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 August 2021 14:53:04 UTC.