other material
confidence high
sentiment positive
materiality 0.55
Sun Life commits up to $10M in second stock purchase program for Crescent Capital BDC
Crescent Capital BDC, Inc.
- Sun Life, majority owner of Crescent's investment advisor, authorizes second $10M open-market purchase plan for CCAP common stock.
- First $10M program was fully expended on October 15, 2021; new program runs December 2021 through December 2022.
- Purchases will comply with Rules 10b5-1 and 10b-18; no minimum share obligation and program may be suspended or modified.
- Plan is subject to conditions and does not guarantee any specific number of shares will be bought.