WESTWOOD HOLDINGS GROUP, INC. (NYSE:WHG) Files An 8-K Results of Operations and Financial ConditionITEM 2.02:RESULTS OF OPERATIONS AND FINANCIAL CONDITION
In accordance with Securities and Exchange Commission Release No. 34-47583, the following information, which is being furnished to the requirements of Item 2.02, “Results of Operations and Financial Condition,” is being reported under Item 7.01, “Regulation FD Disclosure.”
On July26, 2017, Westwood Holdings Group, Inc. (“Westwood”) issued a press release entitled “Westwood Holdings Group, Inc. Reports Second Quarter 2017 Results; AUM From Global and Emerging Market Strategies Reaches Record $5.1 Billion”, a copy of which is furnished with this Current Report on Form 8-K as Exhibit 99.1.
The information in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”), as amended, or otherwise subject to the liabilities of that Section, nor shall it be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as otherwise expressly stated in such filing.
ITEM 7.01:REGULATION FD DISCLOSURE
Westwood announced today that its Board of Directors has approved the payment of a quarterly cash dividend of $0.62 per common share, payable on October2, 2017 to stockholders of record on September8, 2017.
ITEM 9.01:FINANCIAL STATEMENTS AND EXHIBITS
(d)Exhibits: The following exhibit is furnished with this report:
Exhibit NumberDescription
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99.1 |
Press Release dated July26, 2017, entitled “Westwood Holdings Group, Inc. Reports Second Quarter 2017 Results; AUM From Global and Emerging Market Strategies Reaches Record $5.1 Billion”. |
WESTWOOD HOLDINGS GROUP INC ExhibitEX-99.1 2 a2q17earningsrelease.htm EXHIBIT 99.1 Exhibit Westwood Holdings Group,…To view the full exhibit click here
About WESTWOOD HOLDINGS GROUP, INC. (NYSE:WHG)
Westwood Holdings Group, Inc. (Westwood) is a holding company. Through its subsidiaries, the Company manages investment assets and provides services. The Company operates through its subsidiaries, which include Westwood Management Corp. and Westwood Advisors, LLC (together, Westwood Management), Westwood International Advisors Inc. (Westwood International) and Westwood Trust. The Company operates through two segments: Advisory and Trust. The Company’s advisory segment comprises Westwood Management and Westwood International, and encompasses three distinct investment teams: the United States Value Team, the Global Convertible Securities Team, and the Global and Emerging Markets Equity Team. The Company, through Westwood Trust, provides fiduciary and investment services to high net worth individuals and families, non-profit endowments and foundations, public and private retirement plans and individual retirement accounts (IRAs). WESTWOOD HOLDINGS GROUP, INC. (NYSE:WHG) Recent Trading Information
WESTWOOD HOLDINGS GROUP, INC. (NYSE:WHG) closed its last trading session down -0.11 at 58.59 with 17,205 shares trading hands.