Tranche Update on Great Elm Group, Inc.'s Equity Buyback Plan announced on November 8, 2023.
May 08, 2024 at 04:41 pm
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From January 1, 2024 to March 31, 2024, the company has repurchased 979,000 shares, representing 3.26% for $1.76 million. With this, the company has completed the repurchase of 2,085,000 shares, representing 6.96% for $3.75 million under the buyback announced on November 8, 2023.
Great Elm Group, Inc. is an alternative asset management company. The Company is focused on growing a scalable and diversified portfolio of long-duration, permanent capital vehicles across corporate credit, specialty finance, real estate, and other asset classes. The Company and its subsidiaries manage Great Elm Capital Corp., a business development company, and Monomoy Properties REIT, LLC, an industrial-focused real estate investment trust, in addition to other investments. Its wholly owned subsidiaries include Great Elm Capital Management, Inc. (GECM), Great Elm Opportunities GP, Inc. (GEO GP), Great Elm Capital GP, LLC (GEC GP), Great Elm FM Acquisition, Inc. (FM Acquisition), Great Elm DME Holdings, Inc. (DME Holdings), Great Elm DME Manager, LLC (DME Manager), and Monomoy BTS Corporation (MBTS), among others.
GREAT ELM GROUP, INC. 
