Blue Owl Capital Corp (NYSE: OBDC) details $115M stock buys, $200M buyback capacity
Rhea-AI Filing Summary
Blue Owl Capital Corporation reports that during November through December 2, over $115 million in shares of its common stock were purchased in the open market. These purchases were made by executives and employees of Blue Owl Capital Inc. and through Blue Owl Capital Corporation’s existing share repurchase program. The company reiterates that it is authorized to repurchase up to $200 million shares of its common stock under this program, highlighting continued activity in its stock repurchase efforts.
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Insights
Blue Owl reports over $115M in recent insider and program share purchases.
Blue Owl Capital Corporation discloses that, from November through December 2, more than
The company also notes it remains authorized to repurchase up to
The filing does not detail the prices paid, the exact share count, or how these purchases compare with prior periods. Future company disclosures may provide more context on cumulative repurchases under the
FAQ
What did Blue Owl Capital Corporation (OBDC) announce in this 8-K?
Blue Owl Capital Corporation announced that during November through December 2, over $115 million in its common stock was purchased in the open market by executives and employees of Blue Owl Capital Inc. and under its existing share repurchase program.
How much stock has Blue Owl Capital Corporation recently seen purchased?
The company reports that an aggregate of over $115 million in shares of its common stock was purchased during the month of November through December 2.
Who is buying Blue Owl Capital Corporation (OBDC) shares according to the filing?
The filing states that shares were purchased through open market transactions by executives and employees of Blue Owl Capital Inc. and in accordance with Blue Owl Capital Corporation’s existing share repurchase program.
What is the size of Blue Owl Capital Corporation’s current share repurchase authorization?
Blue Owl Capital Corporation is authorized to repurchase up to $200 million shares of its common stock pursuant to its existing share repurchase program.
Does this 8-K disclose the price or number of OBDC shares repurchased?
The disclosure specifies an aggregate value of over $115 million in shares purchased but does not state the exact number of shares or purchase prices.
Is the Blue Owl Capital Corporation share repurchase program new in this filing?
No. The company refers to it as its existing share repurchase program and notes that the authorization to repurchase up to $200 million shares had been previously disclosed.