Brief: Rand Capital Corp - Net Asset Value Per Share Was $4.39 At September 30, 2019

Rand Capital

07/11/2019 13:35

Nov 7 (Reuters) - Rand Capital Corp  RAND.O :
    * RAND CAPITAL CORP - NET ASSET VALUE PER SHARE WAS $4.39 AT
SEPTEMBER 30, 2019
    * RAND CAPITAL CORP - DISAPPOINTED WITH OUR Q3 FINANCIAL
RESULTS,
AS REFLECTED IN DECREASE IN OUR NAV
    * RAND CAPITAL CORP - VALUATION CHANGES WE RECORDED FOR
SEVERAL OF
OUR PORTFOLIO COMPANIES THIS QUARTER WERE UNREALIZED
    * RAND CAPITAL CORP - EXPECTS TO INCREASE INVESTMENT
ACTIVITY
    * RAND CAPITAL CORP - BOARD RENEWED AND INCREASED SHARE
REPURCHASE
PROGRAM
    * RAND CAPITAL CORP - TOTAL INVESTMENT INCOME IN Q3 OF WAS
$437,000 VERSUS $662,000 IN SAME PERIOD LAST YEAR
    * RAND CAPITAL CORP - INCREASED SHARE REPURCHASE PROGRAM BY
AUTHORIZING UP TO ADDITIONAL 1 MILLION SHARES THROUGH OCTOBER
25, 2020

Source text for Eikon:  ID:nBw9mrjCRa 
Further company coverage:  RAND.O 

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