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Stock impact report

PennantPark Investment Corporation Announces $30 Million Stock Repurchase Program [Canadian Business Journal (Canada)]

PennantPark Investment Corporation (PNNT) 
Last pennantpark investment corporation earnings: 2/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: pennantparkinvestment.mwnewsroom.com
PennantPark Investment Corporation Announces $30 Million Stock Repurchase Program NEW YORK, May 09, 2018 (GLOBE NEWSWIRE) — PennantPark Investment Corporation (the “Company”) (NASDAQ:PNNT) announced today that its Board of Directors has authorized a program for the purpose of repurchasing up to $30 million worth of its common stock at prices below the Company’s net asset value per share as reported in its most recent financial statements to be implemented at the discretion of the Company’s management team. 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 the requirements under Rule 10b-18 of the Securities Exchange Act of 1934, as amended, or the Exchange Act, including certain price, market volume and timing constraints. Repurchases will also be conducted in accordance with the Investm Show less Read more
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