As of March 31, 2017, KCG had $669.9 million in cash and cash equivalents and total outstanding debt of $455.2 million. KCG had $1.35 billion in stockholders’ equity, equivalent to a book value of $20.21 per share and tangible book value of $18.61 per share based on total shares outstanding of 66.7 million, including restricted stock units.
During the first quarter of 2017, KCG repurchased 0.9 million shares for approximately $13.3 million under the Company’s stock repurchase program.
KCG’s headcount was 923 full-time employees at March 31, 2017, compared to 952 at December 31, 2016.
Due to the announced merger with Virtu Financial, LLC, KCG will not host a conference call on the first quarter of 2017.