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Stock impact report

Trinity Capital Inc. Announces Stock Repurchase Program [Yahoo! Finance]

Trinity Capital Inc. (TRIN) 
Company Research Source: Yahoo! Finance
solutions to growth-oriented companies, today announced that its board of directors has authorized a program for the purpose of repurchasing up to $30 million worth of the Company's common stock. Under the repurchase program, Trinity may, but is not obligated to, repurchase its outstanding common stock in the open market from time to time, provided that Trinity complies with applicable policies and laws, including certain price, market, volume, and timing constraints specified in Rule 10b -18 of the Securities Exchange Act of 1934, as amended. Unless amended or extended by Trinity's board of directors, the Company expects the repurchase program to be in place until the earlier of November 7, 2025 , or until $30 million of Trinity's outstanding shares of common stock have been repurchased. The Company's board of directors authorized the repurchase program because it believes sustained macroeconomic pressures and other market factors may cause the Company's common stock to be underv Show less Read more
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