TCP Capital (TCPC) Tops Q4 EPS by 1c, Announces $50 Million Buyback

TCP Capital (NASDAQ: TCPC) reported Q4 EPS of $0.40, $0.01 better than the analyst estimate of $0.39.

TCP Capital Corp. today announced that its board of directors has approved a stock repurchase plan (the "Company Repurchase Plan") to acquire up to $50 million in the aggregate of TCPC's common stock at certain thresholds below TCPC's net asset value per share over a specified period, in accordance with the guidelines specified in Rule 10b-18 and Rule 10b5-1 of the Securities Exchange Act of 1934.

For earnings history and earnings-related data on TCP Capital (TCPC) click here.

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