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Hennessy Advisors Inc (HNNA.OQ)

HNNA.OQ on NASDAQ Stock Exchange Capital Market

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Latest Key Developments (Source: Significant Developments)

Hennessy Advisors, Inc. Acquires Two Rainier U.S. Equity Funds
Friday, 1 Dec 2017 06:42pm EST 

Dec 1 (Reuters) - Hennessy Advisors Inc ::HENNESSY ADVISORS, INC. ACQUIRES TWO RAINIER U.S. EQUITY FUNDS.HENNESSY ADVISORS INC - ‍ACQUISITION REPRESENTS ABOUT $122 MILLION IN ASSETS, BRINGING TOTAL ASSETS MANAGED BY HENNESSY ADVISORS, INC. TO NEARLY $7 BILLION​.  Full Article

Hennessy Advisors to acquire the Rainier U.S. Equity Funds
Thursday, 11 May 2017 04:15pm EDT 

May 11 (Reuters) - Hennessy Advisors Inc :Hennessy Advisors, Inc. to acquire the Rainier U.S. Equity Funds.Hennessy Advisors - Assets related to rainier mid cap equity fund and rainier small/mid cap equity fund to merge into hennessy cornerstone mid cap 30 fund.Hennessy Advisors Inc - Assets related to rainier large cap fund will merge into Hennessy Cornerstone large growth fund.Says shareholders of Rainier U.S. Funds will become shareholders of Hennessy Funds.Hennessy Advisors Inc - Transaction has been structured with intention that it qualify as a tax-free reorganization.Hennessy Advisors - Shareholders of Rainier U.S. Funds should not recognize any gain or loss for federal income tax purposes as result of transaction.Hennessy Advisors Inc - Signed a definitive agreement with Manning & Napier Group, LLC and Rainier Investment Management, Llc.  Full Article

Hennessy Advisors Inc Q2 earnings per share $0.47
Monday, 1 May 2017 04:15pm EDT 

May 1 (Reuters) - Hennessy Advisors Inc :Hennessy Advisors Inc reports second quarter earnings per share increase of 9%; firm also announces quarterly dividend.Q2 earnings per share $0.47.Q2 revenue rose 9 percent to $13.2 million.  Full Article

Hennessy Advisors announces 3-for-2 stock split
Thursday, 26 Jan 2017 07:46pm EST 

Hennessy Advisors Inc : Hennessy Advisors, Inc. announces 3-for-2 stock split and quarterly dividend increase of 12.5% .Board of directors has approved a 3-for-2 stock split and a quarterly dividend of $0.075 per share.  Full Article

Hennessy Advisors Q1 revenue $13.3 mln
Thursday, 26 Jan 2017 05:03pm EST 

Hennessy Advisors Inc : Hennessy Advisors reports first quarter earnings increase of 4% . Q1 earnings per share $0.74 . Q1 revenue rose 1 percent to $13.3 million .Hennessy Advisors - hopeful that recovery in corporate profits, more pro-business policy focus from new administration may help extend "bull market".  Full Article

Hennessy Advisors total AUM $6.7 bln as of Sept 30, an increase of $711 mln
Thursday, 1 Dec 2016 04:20pm EST 

Hennessy Advisors Inc : Hennessy advisors, inc. Reports record high annual earnings and revenue .Hennessy advisors inc - total assets under management reached $6.7 billion as of september 30, 2016, an increase of $711 million from september 30, 2015.  Full Article

Hennessy Advisors says Westport Funds buy brings assets under management to $6.8 bln
Friday, 23 Sep 2016 04:45pm EDT 

Hennessy Advisors Inc: Hennessy Advisors Inc acquires the Westport Funds bringing assets under management to $6.8 billion . Acquisition represents approximately $440 million in assets, bringing total assets managed by Hennessy Advisors to $6.8 billion .Post acquisition Westport Fund and Westport Select Cap Fund will be reorganized into Hennessy Cornerstone mid cap 30 fund (HIMDX).  Full Article

Hennessy Advisors Q3 earnings per share $0.76
Wednesday, 3 Aug 2016 04:15pm EDT 

Hennessy Advisors Inc : Q3 earnings per share $0.76 . Hennessy advisors, inc. Reports third quarter earnings per share increase 36% .Q3 revenue rose 9 percent to $13 million.  Full Article

Hennessy Advisors declares quarterly dividend
Thursday, 28 Jan 2016 04:16pm EST 

Hennessy Advisors Inc:Declares a quarterly dividend of $0.08 per share.Payable on March 7, 2016, to shareholders of record as of February 12, 2016.  Full Article