SectorCapital market
Established Date01/10/1929
Listing Date01/10/1929
ExchangeAmerican Stock Exchange
Full-time Employees--
Fiscal Year Ends31/12
Security TypeCommon stock
Office address630 Fifth Avenue, Suite 820, New York, New York 10111
Business
IntroductionCentral Securities Corporation was founded in Delaware on October 1, 1929 as a non-diversified, closed-end management investment company. The company's investment objective is the long-term growth of capital. In pursuit of its investment objectives, the Company invests primarily in equity securities that it believes are undervalued at the time of purchase and have growth potential. Central's goal is to own companies that it believes will generate higher returns compared to the broader market, and to retain the company's capital in an inflationary environment.