Tranche Update on Diamond Hill Investment Group, Inc.'s Equity Buyback Plan announced on February 27, 2020.
October 26, 2021 at 04:03 pm EDT
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From July 1, 2021 to September 30, 2021, the company has repurchased 31,468 shares, representing 0.98% for $5.62 million. With this, the company has completed the repurchase of 173,625 shares, representing 5.37% for $22.19 million under the buyback announced on February 27, 2020.
Diamond Hill Investment Group, Inc. is an investment advisory and fund administration services provider. The Company operates through its wholly owned subsidiary, Diamond Hill Capital Management, Inc. (DHCM). DHCM is an investment adviser and administrator for the Diamond Hill Funds, a series of open-end mutual funds (the Funds). DHCM also provides investment advisory and related services to the Diamond Hill Micro Cap Fund, LP (DHMF), a private fund, as well as, separately managed accounts, collective investment trusts, other pooled vehicles, including sub-advised funds, and model delivery programs. The Company offers a variety of investment strategies designed for long-term strategic allocations from institutionally oriented investors. DHCM also provides strategy-specific model portfolios to sponsors of model delivery programs.