New Mountain Finance (NMFC) Extends Extends Buyback Plan

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Go back to New Mountain Finance (NMFC) Extends Extends Buyback Plan

New Mountain Finance Corporation Extends Share Repurchase Program

January 3, 2018 4:00 PM EST

NEW YORK--(BUSINESS WIRE)-- New Mountain Finance Corporation (NYSE: NMFC) (NMFC or the Company) today announced that its board of directors has authorized an extension of a program for the purpose of repurchasing up to $50 million worth of its common stock, to be implemented at the discretion of NMFCs management team. Under the repurchase program, NMFC may, but is not obligated to, repurchase its outstanding common stock in the open market from time to time provided that NMFC complies with the prohibitions under its Code of Ethics and the guidelines specified in Rule 10b-18 of... More