Runway Growth Finance Corp. completed the repurchase of 1,961,938 shares under its $25.0 million share repurchase program, which was initially announced on November 2, 2023. The aggregate purchase price for these repurchased shares was $23.5 million.
From July 1, 2024, to November 11, 2024, the company repurchased 1,193,068 shares as part of this program. The completion of this repurchase program demonstrates Runway Growth Finance's active capital management strategy.
This initiative reflects the company's commitment to enhancing shareholder value through strategic capital allocation. The program's expiration on November 2, 2024, marked the full utilization of the authorized repurchase amount.
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