GlobeNewswire Inc | Jan 20, 2022 06:59AM EST

January 20, 2022

NEW YORK, Jan. 20, 2022 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (Cowen or the Company) today announced that its Board of Directors has approved an increase in the Companys existing share repurchase program (the Share Repurchase Program). With this increase, the total amount now available for repurchase under the current plan is $50 million.

About Cowen Inc.

Cowen Inc.(Cowen or the Company) is a diversified financial services firm offering investment banking services, equity and credit research, sales and trading, prime brokerage, global clearing, commission management services and actively managed alternative investment products. Cowen focuses on delivering value-added capabilities to our clients in order to help them outperform. Founded in 1918, the Company is headquartered inNew Yorkand has offices worldwide. Learn more atCowen.com

For further information, contact:

Cowen Inc.J.T. Farley, Investor Relations(646) 562-1056james.farley@cowen.com