Financial results from jefferies Group

US investment fund Jefferies Group (NYSE: JEF) has released its Q1st 2022 financial results report.

In yesterday's trading, the investment fund's shares opened at US$32.35 and closed at US$31.96, losing -1.21%.

The maximum value per share was US$32.54 and the lowest was US$31.79. Also, the company's Volume was 2,003,928 and Avg. Volume is 1,954,004.

The company has a market capitalisation of US$7.719 billion.

As for the company's 52-week high, it is US$44.47 and the 52-week low is US$28.99.

Report from Jefferies Group

The company said in its report that the investment fund had a net profit of $327 million.

The annual return on adjusted tangible capital was 16.2%.

Total net revenues for investment banking, capital markets and asset management were US$1.54 billion.

Quarterly net revenues of investment banking services of USD 1.00 billion.

However, total net revenues in capital markets amounted to USD 480 million.

Net proceeds from asset management amounted to USD 74 million.

Also, the company noted that the board of directors had authorised the future repurchase of up to US$250 million of additional ordinary shares.

Jefferies Group was founded in 1962 and is headquartered in New York.

The company's important people:

• Richard Handler - President and CEO;
• Ramin Safai - Chief Information Security Officer and CTO;
• Thami Rachidi - SVP, Head of Data Science;
• Fernando Robayo - Sr. VP, Global Head of Network Engineering;
• Kartik Shankar - SVP, Technology;
• Chi-Man Lam - SVP;
• Daniel Duval - General Counsel, Chief Compliance Officer and Managing Director.