BCP Investment Corp
For the period ended Mar 31, 2026. Filed May 7, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 7, 2026
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Unregistered Sales of Equity Securities and Use of Proceeds
Other than the shares issued pursuant to our dividend reinvestment plan (“DRIP”), we did not engage in any sales of unregistered securities during the three months ended March 31, 2026, except as previously reported by us on our current reports on Form 8-K. We issued a total of 6,088 shares of common stock under our dividend reinvestment plan (“DRIP”) during the three months ended March 31, 2026. This issuance was not subject to the registration requirements of the Securities Act. For the three months ended March 31, 2026, the aggregate value of the shares of our common stock issued under our DRIP was approximately $0.0 million.
The following table sets forth information regarding recent repurchases of shares of our common stock.
| Total Number of Shares Purchased · Average PricePer Share · Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs(1) · Approximate Dollar Value of Shares that May Yet Be Purchased Under the Program (Dollars in Thousands)(1) | |||||
|---|---|---|---|---|---|
| January 1, 2026 through January 31, 2026 | 77,083 | $12.26 | 77,083 | $7,404 | |
| February 1, 2026 through February 28, 2026 | 74,156 | 11.93 | 74,156 | 6,519 | |
| March 1, 2026 through March 31, 2026 | 20,920 | 11.28 | 20,920 | 9,861 | |
| Total | 172,159 | 172,159 | |||
(1)
On March 12, 2025, the Board of Directors of the Company authorized a renewed stock repurchase program of up to $10.0 million (the “2025 Stock Repurchase Program”) for an approximately one-year period, effective March 12, 2025 and terminating on March 31, 2026. Under this repurchase program, shares may be repurchased from time to time in open market transactions, in privately negotiated transactions or otherwise subject to any law or agreement to which we are party including any restrictions under the 1940 Act and in the indentures for our 2026 Notes, 2028 Notes, 2029 Notes, 2030 Notes and 2032 Convertible Notes. The terms and conditions of the 2025 Stock Repurchase Program are substantially similar to the prior 2024 Stock Repurchase Program. The 2025 Stock Repurchase Program may be suspended or discontinued at any time. Subject to these restrictions, we will selectively pursue opportunities to repurchase shares which are accretive to net asset value per share. On March 4, 2026, the Board of Directors of the Company authorized a renewed stock repurchase program of up to $10.0 million (the “2026 Stock Repurchase Program”) for an approximately one-year period, effective March 4, 2026 and terminating on March 31, 2027. The terms and conditions of the 2026 Stock Repurchase Program are substantially similar to the prior 2025 Stock Repurchase Program. The 2026 Stock Repurchase Program may be suspended or discontinued at any time. Subject to these restrictions, we will selectively pursue opportunities to repurchase shares which are accretive to net asset value per share.
As permitted by our policies and procedures governing transactions in our securities by our directors, executive officers and other employees, from time to time some of these persons may establish plans or arrangements complying with Rule 10b5-1 under the Exchange Act, and similar plans and arrangements relating to our common stock.
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