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Newtek Business Services (NEWT) Approves 200k Share Common Stock Buyback Program

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Newtek Business Services Corp. Announces Stock Repurchase Program

November 21, 2016 9:10 AM EST

NEW YORK, Nov. 21, 2016 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (the Company or Newtek) (NASDAQ: NEWT), an internally managed business development company (BDC), today announced that its board of directors approved a repurchase program (the Program) under which the Company may repurchase up to 200,000 shares (the Shares) of its common stock, which represents approximately 1.4% of the outstanding shares of common stock,... More