Cowen Inc. (NASDAQ:COWN) authorizes expansion of $ 25.00 million share buyback program.
Based on previous trading day last sale of $15.20, the expanded program would allow the repurchase of 1.64 million shares.
According to the previous trading day last sale of COWN was $15.20, representing a 164.35 % increase from the 52 week low of $5.75 and a 17.21 % decrease over the 52 week high of $18.36.
Cowen Inc. has a market capital of $420.72 million and is part of the Financial Services sector and Capital Markets industry.
Stock Performance
According to the previous trading day, closing price of COWN was $ 11.77, representing a 104.70 % increase from the 52 week low of $ 5.75 and a 35.89 % decrease over the 52 week high of $ 18.36.
Cowen Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides alternative investment management, investment banking, research, and sales and trading services for its clients.