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GAMCO Investors, Inc. (“GAMCO”) (NYSE: GBL) will launch Love Our Planet & People (LOPP), an Environmental, Social, and Governance (ESG) actively managed ETF this November, pending SEC approval of a final registration statement. In appreciation of its longstanding client relationships, GAMCO will offer a “loyalty” program under which the first $100 million invested in the Fund will incur no fees and expenses. GAMCO is privileged to absorb all costs to underscore their emphasis on the environm
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GAMCO Investors, Inc. (“GAMCO”) (NYSE: GBL) announced today that its Board of Directors approved a nearly $7 million ($0.25 per share) shareholder designated charitable contribution (“SDCC”), a 25% increase from the previous $0.20 per share contribution under the program. Since the inception of GAMCO’s SDCC program in 2013, and counting the $7 million announced today, shareholders will have designated contributions of close to $40 million to more than 280 charitable institutions. Including today
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- Second quarter net income was $11.3 million vs. $24.0 million a year ago
- Fully diluted second quarter earnings were $0.42 per share versus $0.88 per share a year ago
- June 30, 2020 AUM was $29.4 billion versus March 31, 2020 AUM of $27.5 billion
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GAMCO Investors, Inc. (“GAMCO”) (NYSE: GBL) announced today that its Chairman and CEO, Mr. Mario J. Gabelli, has elected to waive all of his compensation that he would otherwise have been entitled to for the period from July 1, 2020 to November 10, 2020. In addition to adding to our investing in new product development, the Company plans to allocate a portion of the funds to continue its charitable contribution programs which since its IPO in 1999, the firm has donated over $57 million to charit
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GAMCO Investors, Inc. (“GAMCO”) (NYSE: GBL) announced today that its Board of Directors has approved a $0.20 per share contribution under its shareholder designated charitable contribution (“SDCC”) program for all registered Class A and Class B shareholders. Since the inception of GAMCO’s SDCC program in 2013, shareholders have designated contributions of approximately $27 million to over 150 501(c)(3) initiatives. Over $52 million has been donated to charities by GAMCO, including through our SD
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LICT Corporation (OTC Pink: LICT) is announcing that it will continue its Shareholder Charitable Contribution Program for all registered shareholders during the fourth quarter of 2019. As indicated, the program was adopted in 2016. All registered shareholders will be eligible to designate 501(c)3 charities to which the company will make a donation of $100 per share on behalf of the shareholder. Warren Buffett had a similar program at Berkshire Hathaway from 1981 to 2003. In addition, GAMCO Inves
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GAMCO Investors, Inc. (GAMCO) (NYSE: GBL) announced today that, subject to Board approval, it has adopted a Shareholder Designated Charitable Contribution program for all registered Class A and Class B shareholders. All registered shareholders will be eligible to designate the 501(c)(3) organization that will receive the $0.20 per share contribution on their behalf. GAMCO created its Shareholder Designated Charitable Contribution Program in April 2013. Since the inception of the program, GAMCO h