DALLAS, July 29, 2008 (PRIME NEWSWIRE) -- Capital Southwest Corporation (Nasdaq:CSWC) today reported net assets at June 30, 2008 of $581,836,149, equivalent to $149.85 per share. Comparative annual data is summarized below:
June 30, 2008 June 30, 2007
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Net assets $581,836,149 $743,343,946
Shares outstanding* 3,882,666 3,889,151
Net assets per share $149.85 $191.13
Assuming reinvestment of all dividends and tax credits on retained long-term capital gains, the June 30, 2008 net asset value was 21.2% below the June 30, 2007 net asset value of $191.13 per share.
* The change in outstanding shares reflects results of the Stock Repurchase Program approved by the Board of Directors on June 10, 2008.
About Capital Southwest
Capital Southwest is a Dallas-based investment company that provides patient equity capital to exceptional businesses. As a public company (Nasdaq:CSWC), Capital Southwest has the flexibility to hold investments indefinitely, which has provided its managers a stable ownership platform since its founding in 1961.