Solar Capital Ltd. Extends Stock Repurchase Program
12/06/13
The Company’s Board of Directors authorized the extension of the repurchase program because it believes the continued market volatility may cause the Company’s common stock to be undervalued from time to time. The timing and number of additional shares to be repurchased will depend on a number of factors, including market conditions and alternative investment opportunities. In addition, any subsequent repurchases will also be conducted in accordance with the Investment Company Act of 1940, as amended. There are no assurances that the Company will engage in additional repurchases, but if market conditions warrant, the Company now has an extended period of time to take advantage of situations where the Company’s management believes share repurchases would be advantageous to the Company and to its shareholders.
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Solar Capital Ltd.
Richard Pivirotto, 646-308-8770
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