Welcome to our dedicated page for Pennantpark Invt news (Ticker: PNNT), a resource for investors and traders seeking the latest updates and insights on Pennantpark Invt stock.
PennantPark Investment Corp (PNNT) delivers flexible capital solutions to U.S. middle-market companies through debt and equity investments. This page provides investors with a centralized repository of official company updates, financial disclosures, and market-moving announcements.
Track PNNT's latest developments through earnings releases, SEC filings, dividend declarations, and strategic partnership updates. Our curated collection ensures access to primary-source materials for informed analysis of the company's performance and industry positioning.
Key content categories include quarterly financial results, portfolio activity reports, leadership changes, and participation in major industry events. Subscribers and analysts will find timely updates on the company's credit strategies and capital allocation decisions.
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PennantPark Investment Corporation (NASDAQ: PNNT) reported its first fiscal quarter results for the period ending December 31, 2021. The company showed a net investment income of $12.5 million ($0.19 per share), an increase from $8.3 million ($0.12 per share) in the same quarter of 2020. Total assets rose to $1,517.8 million, with a net asset value per share of $10.11, reflecting a quarterly increase of 2.6%. The company declared an improved quarterly distribution of $0.14 per share, payable on April 1, 2022. However, unrealized appreciation dropped to $80.9 million from $93.5 million year-over-year.
PennantPark Investment Corporation (NASDAQ: PNNT) has authorized a stock repurchase program worth up to $25.0 million to buy back its common stock, aiming to capitalize on perceived undervaluation due to market volatility. The repurchases will occur at the discretion of management and comply with regulatory requirements. The program will last until March 31, 2023, or until the total amount is repurchased. The Board emphasizes that there are no guaranteed outcomes regarding shareholder value enhancement from this initiative.
PennantPark Investment Corporation (PNNT) will report its first fiscal quarter results for the period ended December 31, 2021, on February 9, 2022, post-market. A subsequent conference call is scheduled for February 10, 2022, at 12:00 p.m. ET to discuss these results. Interested parties can join by calling the provided toll-free numbers and referencing the conference ID #1936238. PennantPark focuses on investing in U.S. middle-market private companies through various debt and equity forms, managed by PennantPark Investment Advisers, with $5.2 billion in investable capital.
PennantPark Investment Corporation (NASDAQ: PNNT) has announced a fiscal Q1 2022 distribution of $0.12 per share, set for payment on January 3, 2022. The record date for stockholders is December 20, 2021, with the distribution funded from taxable net investment income. Shareholders can expect detailed tax characteristics on Form 1099 after the calendar year-end. PennantPark focuses on middle-market private company investments, offering flexible financing solutions through various debt and equity instruments.
PennantPark Investment Corporation (NASDAQ: PNNT) reported its fourth-quarter and fiscal year results ending September 30, 2021, highlighting key financial metrics.
Total assets reached $1,295.1 million, with a net investment income of $11.3 million, or $0.17 per share. GAAP net asset value per share increased by 2.7% to $9.85.
This year, they invested $441.4 million across 30 new and existing portfolio companies, achieving an overall portfolio comprising 97 companies. The company declared a total distribution of $0.48 per share for the fiscal year.
PennantPark Investment Corporation (NASDAQ: PNNT) announced a public offering of $165 million in 4.00% unsecured notes due November 1, 2026. The notes will bear interest semi-annually, starting May 1, 2022, and can be redeemed at par after three months before maturity. Proceeds will be used to redeem 5.50% Notes due 2024 and for strategic investments in portfolio companies. The offering is set to close on October 21, 2021, with major financial firms acting as managers.
PennantPark Investment Corporation (NASDAQ: PNNT) is set to report its fourth fiscal quarter results ending September 30, 2021, on November 17, 2021, after market close. A conference call is scheduled for November 18, 2021, at 12:00 p.m. ET to discuss the financial results, accessible via toll-free numbers. PennantPark primarily invests in U.S. middle-market private companies through various debt and equity instruments, managing $5.2 billion in capital. The company advises caution regarding forward-looking statements due to inherent risks and uncertainties.
PennantPark Investment Corporation (NASDAQ: PNNT) declared its fourth fiscal quarter 2021 distribution of $0.12 per share, payable on October 1, 2021 to stockholders of record as of September 17, 2021. The distribution is expected to be paid from taxable net investment income. Tax characteristics will be reported on Form 1099 after the year-end. PennantPark primarily invests in U.S. middle-market private companies through various debt and equity instruments. Managed by PennantPark Investment Advisers, LLC, which oversees $5.2 billion of investable capital, the firm has been active since 2007.
PennantPark Investment Corporation (NASDAQ: PNNT) reported its financial results for Q3 FY2021, revealing a net investment income of $8.1 million, equivalent to $0.12 per share. The investment portfolio grew to $1,148.2 million, with a GAAP net asset value per share of $9.59, reflecting a 3.8% quarterly increase. The company declared distributions of $0.12 per share, consistent with prior periods. However, investment income decreased from $25.4 million in Q3 FY2020 to $20.5 million in Q3 FY2021, mainly due to a reduction in portfolio size. The credit facility remained robust with $220.5 million in unused borrowing capacity.
PennantPark Investment Corporation (NASDAQ: PNNT) announced it will report its third fiscal quarter results for the period ending June 30, 2021, on August 4, 2021, after market close. A conference call to discuss these results is scheduled for August 5, 2021, at 12:00 p.m. Eastern Time. Interested parties can join by calling (866) 548-4713 for U.S. participants or (323) 794-2093 for international callers, using conference ID #2597721. PennantPark focuses on investing in U.S. middle-market companies through various forms of secured and subordinated debt as well as equity investments.
