U.S. Global Investors, Inc. (Nasdaq: GROW), a registered investment advisory firm based in San Antonio, Texas, has reported encouraging results for its thematic and smart beta 2.0 exchange-traded funds (ETFs) in 2024. The company atrributed the success to its quantitative strategy, which focuses on selecting high-quality stocks and constructing resilient investment portfolios.
In a statement released on January 13, 2025, U.S. Global Investors highlighted the effectiveness of its approach, stating that its smart beta 2.0 ETFs concluded the year on a positive note, reflecting the company s continued dedication to creating value for its investors. This announcement comes as the firm looks to solidify its position in an increasingly competitive investment landscape.
In a separate announcement earlier in September 2024, U.S. Global Investors updated its stock buyback program, reinstating its commitment to shareholder value. The updated program allows for the systematic repurchase of up to $5 million worth of the company’s common stock from September 13, 2024, to December 31, 2024. This amount represents 14% of the company s market capitalization, signaling confidence in the firm s market position and operational stability. The company has also been maintaining a monthly dividend program, reinforcing its focus on delivering consistent returns to its shareholders.
The company is poised to discuss its fiscal year 2024 results in a scheduled webcast, which will occur on September 11, 2024. This presentation will offer an opportunity for investors and analysts to gain insights into the firm’s financial performance and growth strategies.
U.S. Global Investors continues to navigate the evolving marketplace while prioritizing its shareholders through strategic capital allocation and dividends, reinforcing its reputation as a player focused on both performance and shareholder returns.
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