AC Reports Preliminary March 31 Book Value of 42-43 Dollars Per Share

Friday 4th of April 2025 18:49:00

AC Reports Preliminary March 31 Book Value of $4.42 to $4.62 Per Share

NEW YORK, April 4, 2025 (GLOBE NEWSWIRE) -- AC (NYSE: AC) today announced that its preliminary March 31 book value per share is estimated to be in the range of $4.42 to $4.62.

"We are pleased to report that our preliminary book value per share for the quarter is within our expected range," said [Name], CEO of AC. "Our strong financial performance in the first quarter of the year is a testament to the hard work and dedication of our entire team. We are confident that our continued focus on operational efficiency and strategic initiatives will drive long-term value for our shareholders."

The preliminary book value per share is based on the company's estimated net asset value as of March 31, 2025, and is subject to change pending the completion of the company's customary quarter-end procedures and the audit of its financial statements. The company expects to report its final first quarter results in May 2025.

AC's preliminary book value per share for the quarter is as follows:

Estimated book value per share: $4.42 to $4.62
Estimated total net assets: $1.78 billion to $1.88 billion
Estimated net asset value per share: $42.42 to $46.62

The company's preliminary book value per share is based on estimates and is subject to change. The company's final first quarter results will be reported in May 2025.