On May 23, 2025, Silvercrest Asset Management Group Inc. announced that its Board of Directors authorized a new common stock repurchase program. Under this program, the company may purchase up to $25.0 million of its Class A common stock.
The shares may be repurchased through various methods, including open market purchases, privately-negotiated transactions, and 10b5-1 share trading plans. The program does not obligate the company to repurchase any specific dollar amount or number of shares.
This new authorization signals management's confidence in the company's intrinsic value and its ongoing commitment to returning capital to shareholders. This follows the completion of a previous $12.0 million stock repurchase program, reinforcing a consistent capital allocation strategy.
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