other material
confidence high
sentiment neutral
materiality 0.15
Prospect Capital shareholders approve renewal of below-NAV stock sale authorization
PROSPECT CAPITAL CORP
- Proposal to sell common stock below NAV per share over next 12 months approved.
- For: 277,640,199; Against: 63,873,735; Abstained: 7,460,523; no broker non-votes.
- Excluding 134M affiliated shares, for votes were 145,994,733; against 63,873,735.
- Sales on any single day capped at 25% of outstanding common stock immediately prior.