EAGLE CAPITAL GROWTH FUND : ELECTS ANNE M. NICHOLS, CFA AS DIRECTOR; EXPANDS STOCK REPURCHASE AUTHORITY (Form 8-K)
August 20, 2021 at 10:54 am
Share
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
###
Attachments
Original document
Permalink
Disclaimer
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.
Eagle Capital Growth Fund, Inc. (the Fund) is a diversified closed-end investment company. The Fund's objective is long-term growth utilizing the concept of total return for selecting investments. The Fund seeks to achieve its investment objectives by employing a strategy of investing in primarily United States (U.S.) issuer common stock. The Fund invests in various industries, such as advertising, bank, brokerage, conglomerate, consumer, credit card, data processing, drug/medical device, food, industrial, insurance, mutual fund management, restaurant, retail and technology services. The Fund's investment advisor is Sims Capital Management LLC.