Horizon Technology Finance Corporation Buyback
OLI recorded this information on 9/28/2015
Company: |
Horizon Technology Finance Corporation |
Buyback: |
HRZN buyback |
$Amount Authorized: |
$5,000,000 |
Buyback Details: |
Horizon Technology Finance Corporation (NASDAQ:HRZN) ("Horizon"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services and cleantech industries, today announced that its board of directors has authorized the repurchase of up to $5 million of its common stock at prices below Horizon's net asset value per share as reported in its most recent financial statements. |
Horizon Technology Finance is an externally managed, non-diversified, closed-end investment company. Co.'s investment objective is to maximize its investment portfolio's total return by generating current income from the debt investments it makes and capital appreciation from the warrants it receives when making such debt investments.
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