Business Daily.
A+ R A-

Ares Capital Corporation Announces $100 Million Stock Repurchase Program

E-mail Print PDF
NEW YORK--(BUSINESS WIRE)--Ares Capital Corporation (NASDAQ:ARCC) announced today that its Board of Directors has approved a stock repurchase program. Pursuant to the program, Ares Capital is authorized to repurchase up to $100 million in the aggregate of its outstanding common stock in the open market at certain thresholds below its net asset value per share, in accordance with the guidelines specified in Rule 10b-18 of the Securities Exchange Act of 1934, as amended. The timing, manner, price

Business Daily Media