|Bid||4.4300 x 1000|
|Ask||4.4500 x 1000|
|Day's range||4.3950 - 4.6500|
|52-week range||1.8600 - 9.7000|
|Beta (5Y monthly)||1.19|
|PE ratio (TTM)||N/A|
|Earnings date||31 Jul 2020|
|Forward dividend & yield||0.81 (18.12%)|
|Ex-dividend date||12 Nov 2020|
|1y target est||N/A|
GREENWICH, Conn., June 29, 2020 -- Oxford Lane Capital Corp. (NasdaqGS: OXLC) (NasdaqGS: OXLCM) (NasdaqGS: OXLCO) (NasdaqGS: OXLCP) (the “Company,” “we,” “us” or “our”).
Oxford Lane Capital Corp. (OXLC) (OXLCO) (OXLCM) (OXLCP) today announced the following net asset value (“NAV”) estimate as of May 31, 2020. Management’s unaudited estimate of the range of our NAV per share of our common stock as of May 31, 2020 is between $2.87 and $2.97. This estimate is not a comprehensive statement of our financial condition or results for the month ended May 31, 2020.
Under this repurchase program, the Company may, but is not obligated to, repurchase its outstanding Preferred Stock in the open market from time to time through September 30, 2020. The timing and number of preferred shares to be repurchased will depend on a number of factors, including market conditions and alternative investment opportunities. In addition, any repurchases will also be conducted in accordance with the Investment Company Act of 1940, as amended.