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Central Securities Corporation Releases Annual Report to Stockholders for the Year Ended December 31, 2024

1. CET's net assets per share rose to $54.26 from $46.49. 2. Total net assets increased to $1.57 billion, a significant gain. 3. Shares outstanding grew to 28,935,676, indicating increased equity efforts.

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FAQ

Why Bullish?

The increase in net assets per share and total assets suggests strong financial health, which historically boosts investor confidence in CET. Similar positive trends in the past have led to price increases.

How important is it?

The information directly impacts CET's perceived value and investor outlook, critical for stock price assessments. Increased net assets is a key factor for financial stability.

Why Long Term?

Sustained growth in net assets indicates a robust strategic position, likely influencing long-term investor sentiment. Past reports with consistent asset growth have resulted in enduring upward price movements.

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NEW YORK--(BUSINESS WIRE)--Central Securities Corporation (NYSE American: CET), a closed-end investment company, today released its Annual Report to Stockholders for the year ended December 31, 2024. Figures as of December 31, 2024, compared with those of one year ago, are as follows: December 31, December 31, 2024 2023 Net assets per common share $54.26 $46.49 Net assets $1,569,940,654 $1,319,864,836 Shares outstanding 28,935,676 28,387,828 Additional details are available at www.centralsecurities.com.

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