Central Securities Corporation released its Report to Stockholders for the six months ended June 30, 2025. Net assets per common share increased to $57.63 from $52.58 in 2024. Net assets rose to $1.67 billion from $1.49 billion, and shares outstanding increased to 28.9 million from 28.4 million. Additional details can be found on the company's website.
Central Securities Corporation (NYSE American: CET), a closed-end investment company, has released its Report to Stockholders for the six months ended June 30, 2025. The report highlights significant growth in the company's financial position compared to the same period last year.
Key metrics show that net assets per common share increased to $57.63 from $52.58 year-over-year, while total net assets grew to $1.67 billion from $1.49 billion. The number of shares outstanding also increased to 28,913,659 from 28,387,828 compared to the same period last year [1].
The growth in net assets per share and total net assets underscores the company's ability to manage its portfolio effectively and generate value for shareholders. The increase in the number of shares outstanding suggests that the company has been successful in expanding its shareholder base, which can contribute to future growth prospects.
Investors and financial professionals are encouraged to review the detailed report for a comprehensive understanding of Central Securities Corporation's financial performance and strategic direction. Additional information is available on the company's website [2].
References:
[1] https://www.stocktitan.net/news/CET/central-securities-corporation-releases-report-to-098o3z2q3qmh.html
[2] https://www.stocktitan.net/news/CET/
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