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Stock impact report

Great Elm Capital Corp. Announces $5 Million Stock Repurchase Program

Great Elm Capital Corp. - Closed End Fund (GECC) 
Last great elm capital corp. - closed end fund earnings: 11/14 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: greatelmcc.com/investor-relations
Company Research Source: GlobeNewswire
WALTHAM, Mass., March 18, 2019 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (NASDAQ: GECC) (“GECC”) announced today that its board of directors approved a stock repurchase program under which GECC is authorized to repurchase up to $5 million in the aggregate of its outstanding common stock. Under the program, GECC is authorized to repurchase shares of its common stock in open market transactions, including block purchases, depending on prevailing market conditions and other factors. The repurchase program may be extended, modified or discontinued at any time for any reason. The program does not obligate GECC to acquire any specific number of shares of common stock, and all repurchases will be made in accordance with U.S. Securities and Exchange Commission Rule 10b-18 and accomplished through a Rule 10b5-1 plan, which set certain restrictions on the method, timing, price and volume of stock repurchases. Unless extended or terminated by its board of directors, the termination date fo Show less Read more
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