New Mountain Finance Extends $150 Million Share Repurchase Program Through 2027
New Mountain Finance (NMFC) has announced an extension of its existing $150 million stock repurchase program. The authorization, which was originally set to expire on December 31, 2026, will now remain in effect through December 31, 2027. To date, the company has utilized approximately $70 million of the authorized amount to buy back shares. This extension provides the firm with continued flexibility to manage its capital structure and return value to shareholders over the next several years.
Tickers: $NMFC
Topics: capital allocation share buyback program stock repurchase
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