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B. Riley Financial buys back common shares

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B. Riley Financial buys back common shares

B. Riley Financial Inc.'s board approved the purchase of 950,000 common shares for a total aggregate amount of approximately $17.3 million, or $18.25 per share, in a block purchase as part of a privately negotiated transaction.

In addition, B. Riley's Chairman and CEO Bryant Riley purchased approximately 221,000 common shares for an aggregate value of approximately $4.0 million at $18.25 per share.