The Online Investor
SLRC Buyback image

Solar Capital Ltd. Buyback

OLI recorded this information on 10/7/2015

Company: Solar Capital Ltd.
Buyback: SLRC buyback
$Amount Authorized: $30,000,000
Buyback Details: Solar Capital Ltd. (the "Company") (NASDAQ: SLRC) announced today that its board of directors has authorized a new program for the purpose of repurchasing up to $30 million worth of its common stock. Under the repurchase program, the Company may, but is not obligated to, repurchase its outstanding common stock in the open market from time to time provided that the Company complies with the prohibitions under its Insider Trading Policies and Procedures and the guidelines specified in Rule 10b-18 of the Securities Exchange Act of 1934, as amended, including certain price, market volume and timing constraints. Unless amended or extended by the Company's board of directors, the Company expects the repurchase program to be in place until the earlier of October 7, 2016 or until $30 million of the Company's outstanding shares of common stock have been repurchased.

Solar Capital is a closed-end, externally managed, non-diversified management investment company. Co.'s investment objective is to generate both income and capital appreciation through debt and equity investments. Co. invests primarily in middle-market companies in the form of senior secured loans, stretch-senior loans, unitranche loans, mezzanine loans and equity securities. In addition, Co. invests a portion of its portfolio in other types of investments, which include, but are not limited to, direct investments in public companies that are not traded and securities of companies located in select countries outside of the U.S.
Open the SLRC Page at The Online Investor »

Company Name: 
SLR Investment Corp
Stock buyback: 
SLRC buyback
Investment Brokerages
Number of ETFs Holding SLRC: 
Total Market Value Held by ETFs: 
Total Market Capitalization: 
% of Market Cap. Held by ETFs: 

Open the SLRC Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes

Email EnvelopeFree SLRC Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Buy (2.83 out of 4)
8th percentile
(ranked lower than approx. 92% of all stocks covered)

Analysts' Target Price:
SLRC Stock Forecast

Based on Zacks ABR data;
powered by Xignite

SLRC Buyback Page |

Copyright © 1998 - 2021, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.