JMP Group Increases Share Repurchase Authorization

SAN FRANCISCO--(BUSINESS WIRE)-- JMP Group LLC (NYSE: JMP), an investment banking and alternative asset management firm, announced today that its board of directors has authorized the repurchase of an additional one million of the company’s outstanding common shares. As a result, as of the close of the market on January 12, 2016, a total of 1,135,630 common shares were eligible for repurchase through December 31, 2016.

About JMP Group

JMP Group LLC is an investment banking and asset management firm that provides investment banking, equity research, and sales and trading services to corporate and institutional clients as well as alternative asset management products and services to institutional and high-net-worth investors. JMP Group conducts its investment banking and research, sales and trading activities through JMP Securities; its hedge fund and other investment activities though Harvest Capital Strategies; the underwriting and management of investments in senior secured debt through JMP Credit Advisors; and the management of Harvest Capital Credit Corporation (NASDAQ: HCAP), a business development company that finances small and midsized businesses, through HCAP Advisors. For more information, visit www.jmpg.com.

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Investor Relations Contact
JMP Group LLC
Andrew Palmer, 415-835-8978
[email protected]
or
Media Relations Contacts
Dukas Public Relations
Seth Linden, 212-704-7385
[email protected]
Zach Leibowitz, 212-704-7385
[email protected]

Source: JMP Group LLC

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