CION Investment Corporation Announces Extension of Existing $60 Million Share Repurchase Program
2023年9月7日 - 9:00PM
ビジネスワイヤ(英語)
CION Investment Corporation (NYSE: CION) (“CION”) today
announced a one-year extension to its existing $60 million share
repurchase program through August 29, 2024, under which CION will
continue to support the trading of its common shares and seek to
drive long-term shareholder value.
The share repurchase program authorizes CION to repurchase up to
$60 million of its common shares, of which approximately $37.0
million remains available. CION had repurchased a total of
approximately 2,325,622 of its common shares for an aggregate
purchase price of approximately $22.0 million from the commencement
of the share repurchase program on August 17, 2022 through June 30,
2023.
Repurchases under CION's share repurchase program may be made
either in the open market or through private transactions,
including under CION’s Rule 10b5-1 trading plan, subject to market
conditions and applicable legal requirements. CION has no
obligation to repurchase shares, and the share repurchase program
may be suspended or discontinued by CION at any time.
ABOUT CION INVESTMENT CORPORATION
CION Investment Corporation is a leading publicly listed
business development company that had approximately $1.8 billion in
assets as of June 30, 2023. CION seeks to generate current income
and, to a lesser extent, capital appreciation for investors by
focusing primarily on senior secured loans to U.S. middle-market
companies. CION is advised by CION Investment Management, LLC, a
registered investment adviser and an affiliate of CION. For more
information, please visit www.cionbdc.com.
OTHER INFORMATION
The information in this press release is summary information
only and should be read in conjunction with CION’s Current Report
on Form 8-K, which CION filed with the SEC on September 7, 2023, as
well as CION’s other reports filed with the SEC. A copy of CION’s
Current Report on Form 8-K and CION’s other reports filed with the
SEC can be found on CION’s website at www.cionbdc.com and
the SEC’s website at www.sec.gov.
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version on businesswire.com: https://www.businesswire.com/news/home/20230907114870/en/
Media Susan Armstrong
sarmstrong@cioninvestments.com Investor Relations
1-800-343-3736 Analysts and Institutional Investors James
Carbonara Hayden IR (646)-755-7412 James@haydenir.com
CION Investment (NYSE:CION)
過去 株価チャート
から 4 2024 まで 5 2024
CION Investment (NYSE:CION)
過去 株価チャート
から 5 2023 まで 5 2024