Company: PNNT
Filing Date: 2025-11-24
Form Type: 10-K
Source: 0001193125-25-293703
Chunk: 12

Company: PENNANTPARK INVESTMENT CORP
Filing Date: 2025-11-24
Form: 10-K
Item: Item 1C
Chunk 12
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 or Programs (1)

     Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs (in thousands)

     January 1, 2022 through March 31, 2022

     913,454

     $
     7.72

     913,454

     $
     17,944

     April 1, 2022 through June 30, 2022

     717,709

     $
     6.91

     1,631,163

     $
     12,986

     July 1, 2022 through September 30, 2022

     189,442

     $
     6.52

     1,820,605

     $
     11,751

     October 1, 2022 through December 31, 2022

     —

     $
     -

     1,820,605

     $
     11,751

     January 1, 2023 through March 31, 2023

     —

     $
     -

     1,820,605

     $
     -

     Total

     1,820,605

     $
     7.28

   —————————(1)The program expired on March 31, 2023 and we purchased $1.8 million shares of our common stock in open market transaction while the program was in effect for an aggregate cost (including transaction costs) of $13.2 million.  

40

DISTRIBUTIONSWe intend to continue making distributions to our stockholders. The timing and amount of our distributions, if any, is determined by our board of directors. Any distributions to our stockholders are declared out of assets legally available for distribution. We monitor available net taxable investment income to determine if a tax return of capital may occur for the fiscal year. To the extent our taxable earnings fall below the total amount of our distributions for any given fiscal year, a portion of those distributions may be deemed to be a tax return of capital to our common stockholders.  In January 2026, a Form 1099-DIV will be sent to stockholders subject to information reporting that will state the amount and composition of distributions and provide information with respect to appropriate tax treatment of our distributions.The tax characteristics of distributions declared, in accordance with Section 19(a) of the 1940 Act, during the years ended September 30, 2025 and