In a current submitting with the Securities and Change Fee, Alice C. Brennan, a director at RENN Fund, Inc. (NYSE:RCG), reported the acquisition of frequent inventory valued at roughly $40. This transaction occurred on December 26, 2024, with shares acquired at a worth of $2.51 every, because the inventory trades close to its 52-week excessive of $2.85. The acquisition was a part of an computerized funding as a part of a dividend reinvestment plan, with the fund at present providing a 0.9% dividend yield. The transaction resulted in a complete possession of two,350.33 shares post-transaction.
InvestingPro knowledge exhibits RCG has delivered spectacular returns, with a 46% acquire over the previous 12 months and maintains profitability over the past twelve months. Extra insights and evaluation can be found with an InvestingPro subscription, together with 5 extra key ProTips for RCG.
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