Palmer Square Capital BDC Inc. 8K

Palmer Square Capital BDC Inc. expanded and extended its stock repurchase program by $30 million, including a new $10 million Rule 10b5-1 plan, with the program now running through June 22, 2027.

On May 21, 2026, Palmer Square Capital BDC Inc. announced that its board of directors approved an increase and extension of its open-market share repurchase program, authorizing an additional $30 million of common stock repurchases and extending the program’s expiration to June 22, 2027. To date, the company has repurchased approximately $22.2 million of stock under the existing program. In connection with this expansion, the company expects to enter into a Rule 10b5-1 share repurchase plan to buy up to $10 million of its shares, with purchases to occur when the market price trades at a specified discount to the most recently reported net asset value per share, subject to Rule 10b-18, Rule 10b5-1, and other legal and market constraints. Management characterized the move as a way to capitalize on the stock’s discount to book value and demonstrate alignment with shareholders.

Filing Facts

CIK

1794776

Ticker

-

Form

8K

Source Type

sec

Accession

0001213900-26-060068

Alert Tier

6