Sign in

    Bruce Newberg • Shareholder

    No publicly available information was found on Bruce Newberg working as an analyst at Shareholder, including details about his title, company coverage, performance metrics, career history, or professional credentials. There is no evidence of a LinkedIn profile or any professional background meeting the requested criteria. As such, it is not possible to create a comprehensive professional profile for Bruce Newberg at this time.

    Bruce Newberg's questions to US Global Investors Inc (GROW) leadership

    Bruce Newberg's questions to US Global Investors Inc (GROW) leadership • Q1 2024

    Question

    Shareholder Bruce Newberg was cited for questioning U.S. Global Investors' strategy, including inquiries about new products, asset management, and the company's capital structure.

    Answer

    CEO Frank Holmes addressed these points by highlighting the launch of the TRIP ETF in Europe and the strategic shift to thematic ETFs like SEA and JETS. He detailed the capital structure management, emphasizing the disciplined stock buyback program, which repurchased 211,282 shares for $577,000 in the quarter, and the consistent monthly dividend, contributing to an 8.32% total shareholder yield. Holmes also explained the rationale for holding undervalued real estate assets and the company's strong balance sheet with no long-term debt.

    Ask Fintool Equity Research AI