Company: BXSL
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001736035-25-000021
Chunk: 235

Company: Blackstone Secured Lending Fund
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 235
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 newly issued shares to implement the plan.Pursuant to the DRIP, the following table summarizes the amounts and shares issued to shareholders who have not opted out of the DRIP during the nine months ended September 30, 2025 (dollars in thousands except share amounts):Payment DateDRIP Shares ValueDRIP Shares IssuedJanuary 24, 2025$5,130 165,096 April 25, 20255,380 191,060 July 25, 20255,474 177,545 Total distributions$15,984 533,701 

The following table summarizes the amounts and shares issued to shareholders who have not opted out of the DRIP during the nine months ended September 30, 2024 (dollars in thousands except share amounts):Payment DateDRIP Shares ValueDRIP Shares IssuedJanuary 26, 2024$5,614 206,465 April 26, 20245,293 173,614 July 26, 20245,074 173,720 Total distributions$15,981 553,799 

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Table of ContentsBlackstone Secured Lending FundNotes to Condensed Consolidated Financial Statements(Unaudited)(in thousands, except share amounts, per share data, percentages and as otherwise noted)

Share Repurchase PlanIn February 2023, the Board approved a share repurchase plan, under which the Company was authorized to repurchase up to $250.0 million in the aggregate of its outstanding Common Shares in the open market at prices below the Company’s NAV per share for a one-year term, in accordance with the guidelines specified in Rule 10b-18 of the Exchange Act (the “10b-18 Plan”). The 10b-18 Plan was not renewed and terminated by its terms on February 22, 2024. For the three and nine months ended September 30, 2024, the Company did not repurchase any of its shares under the 10b-18 Plan.

Note 10. Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:Three Months Ended September 30,Nine Months Ended September 30,2025202420252024Net increase (decrease) in net assets resulting from operations$132,437 $151,664 $437,288 $531,605 Weighted average shares outstanding (basic and diluted)230,462,792 203