Entering text into the input field will update the search result below

American Capital reinstates buyback program

Mar. 25, 2015 12:43 PM ETAmerican Capital (ACAS) StockBy: Stephen Alpher, SA News Editor1 Comment
  • American Capital (NASDAQ:ACAS) had been a big buyer of its stock for nearly three years, but suspended purchases about a year ago amid a strategic review that ultimately led to a plan to spinoff the BDC business.
  • While waiting for said spin-off to take place, and under some activist pressure, American Capital today announces the resumption of its repurchase program as of Feb. 23.
  • The stock price is currently $15.06 vs. Dec. 31 NAV of $20.50.
  • Source: Press Release
  • Shares have added about a dime since the news broke, now flat on the session.

Recommended For You

Related Stocks

SymbolLast Price% Chg
ACAS--
American Capital