Rand Announces Repurchase of 75,742 Shares, Initial Sale of Synacor Holdings, and Participation in WNY Investors Conference
BUFFALO, NY — (Marketwire) — 09/27/12 — Rand Capital (NASDAQ: RAND) () announced that through September 24, 2012 the Corporation has repurchased 75,742 of its securities on the open market at an average price of $2.56 per share.Allen F. Grum, Rand-s President, had previously stated, "At present our shares continue to trade at a substantial discount to our NAV and we continue to evaluate our stock repurchase program; this program allows Rand to repurchase up to 340,047 shares through Oct