Runway Growth Finance Announces $30 Million Share Repurchase Program
Runway Growth Finance Corp. (RWAY) has initiated a $30 million share repurchase program, which is scheduled to run through September 30, 2027. The company noted that this move comes amid elevated levels of prepayments within its portfolio. In addition to the capital return plan, the company announced a leadership transition. Michael Rovner has joined the firm as Co-CEO of the Business Development Company (BDC) and Co-CEO/Co-CIO of the adviser, working alongside founder David Spreng.
Tickers: $RWAYM
Topics: Co-CEO Appointment Management Change
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