WESTLAKE VILLAGE, Calif., Aug. 16, 2017 (GLOBE NEWSWIRE) -- BKF Capital Group, Inc. (OTC PINK:BKFG), a company that has historically operated in the investment advisory and asset management business, announced that it published on its website (http://www.bkfcapital.com/financials.php) its financial statements for the three and six month periods ended June 30, 2017. BKF Capital Group previously published its audited financial statements for the years ended December 31, 2016 and 2015. Such audited financial statements are also available on BKF’s website.
On August 15, 2017, BKF Capital Group, Inc.’s Board of Directors has approved the repurchase of up to 150,000 shares of the company's common stock. Repurchases may be made at management's discretion from time to time on the open market or through privately negotiated transactions, if available. The repurchase program has no time limit and may be suspended for periods or discontinued at any time. Any shares acquired will be available for general corporate purposes. The company had 711,816 shares of commons stock outstanding as of June 30, 2017. The company intends to finance the share repurchase program through cash and cash equivalents on hand.
Forward-Looking Statements
This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.