Palmer Square Capital BDC expands buyback program by $30M
➤ Palmer Square Capital BDC has expanded its share repurchase program by an additional $30 million and extended it until June 2027, aiming to drive shareholder returns by buying back shares at a discount to net asset value. ➤ The company's stock has declined 12% over the past year, but it offers a significant dividend yield of 14.85%. ➤ Separately, Palmer Square Capital Management announced a 10% markdown in its private credit fund's NAV due to concerns about AI's impact on software company business models, highlighting broader industry apprehensions.








