Cowen Inc. Buyback
OLI recorded this information on 6/23/2020
Cowen Inc. (NASDAQ:COWN) ("Cowen" or the "Company) today announced that its Board of Directors has approved an increase in the Company's existing share repurchase program (the "Share Repurchase Program"). With this increase, the total amount now available for repurchase under the current plan is $25 million.
Cowen is a financial services firm. Co. provides investment banking, research, sales and trading, brokerage, global clearing and commission management services and investment management through its business segments: Operating Company (Op Co), which consists of Cowen Investment Management (CIM), Investment Banking, Markets and the Research divisions; and Asset Company, which consists of Co.'s private investments, private real estate investments and other investment activities. Op Co's CIM division includes advisers to investment funds and registered funds. Co.'s investment management business includes private healthcare investing, healthcare royalties, activism and merger arbitrage.
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Strong Buy (3.67 out of 4)
(ranked higher than approx. 72% of all stocks covered)
Based on Zacks ABR data;
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