other material
confidence high
sentiment neutral
materiality 0.15
Ares Capital stockholders approve below-NAV share issuance authorization
ARES CAPITAL CORP
- Proposal to issue common stock below NAV approved with 287.2M for, 70.1M against, 14.8M abstain.
- Authorization allows up to 25% of outstanding shares issued below NAV over 12 months ending Aug 13, 2027.
- Excluding affiliated shares, vote was 279.5M for, 70.1M against, 14.8M abstain.
- Special meeting held Aug 13, 2026; record date May 15, 2026 with 718.0M shares outstanding.