TCP Capital Corp. Buyback
OLI recorded this information on 3/10/2015
||TCP Capital Corp.
||TCP Capital Corp. ("we," "us," "our," "TCPC" or the "Company"), a business development company ("BDC") (NASDAQ: TCPC), today announced that its board of directors has approved a stock repurchase plan (the "Company Repurchase Plan") to acquire up to $50 million in the aggregate of TCPC's common stock at certain thresholds below TCPC's net asset value per share over a specified period, in accordance with the guidelines specified in Rule 10b-18 and Rule 10b5-1 of the Securities Exchange Act of 1934.
BlackRock TCP Capital is an externally managed, closed-end, non-diversified management investment company. Co.'s investment objective is to attain total returns through income and capital appreciation, with an emphasis on principal protection.
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