Barings BDC, Inc. (NYSE:BBDC) announces a share repurchase program. Under the program, the company will repurchase up to $30 million worth of its shares. The shares will be repurchased at prices below the then-current NAV per share.

The program will commence on March 1, 2024, and will be valid till March 1, 2025, unless extended, or until the aggregate repurchase amount that has been approved by the Board has been expended.