Horizon Technology Finance (HRZN) Approves $5M Common Stock Buyback

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Horizon Technology Finance Announces Stock Repurchase Program

September 28, 2015 4:05 PM EDT

FARMINGTON, Conn., Sept. 28, 2015 (GLOBE NEWSWIRE) -- Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services and cleantech industries, today announced that its board of directors has authorized the repurchase of up to $5 million of its common stock at prices below Horizon's net asset value per share as reported in its most recent financial statements.

Under the repurchase program, Horizon may, but is not obligated to,... More