TPG Specialty Lending (TSLX) Tops Q2 EPS by 5c

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Go back to TPG Specialty Lending (TSLX) Tops Q2 EPS by 5c

TPG Specialty Lending, Inc. Announces $50 Million Stock Repurchase Plan

August 4, 2015 4:29 PM EDT

NEW YORK--(BUSINESS WIRE)-- TPG Specialty Lending, Inc. (NYSE: TSLX) (TSLX) announced today that its Board of Directors has approved a stock repurchase plan (the Company 10b5-1 Plan) to acquire up to $50 million in the aggregate of TSLXs common stock at prices just below TSLXs net asset value per share, in accordance with the guidelines specified in Rule 10b-18 and Rule 10b5-1 of the Securities Exchange Act of 1934.

The Company 10b5-1 Plan is designed to allow TSLX to repurchase its common stock at times when it otherwise might be... More