Company: NMFCZ
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001496099-25-000035
Chunk: 53

Company: New Mountain Finance Corp
Filing Date: 2025-11-03
Form: 10-Q
Item: Part II, Item 1A
Chunk 53
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5146,743 10.66 — — August 2025— — — — September 2025— — — — Total374,250 $11.01 — $— 

Stock Repurchase Program

On February 4, 2016, our board of directors authorized a program for the purpose of repurchasing up to $50.0 million worth of our common stock (the "Old Repurchase Program"). Subsequent to the quarter ended September 30, 2025, on October 23, 2025, our board of directors authorized a new program for the purpose of repurchasing up to $100.0 million worth of our common stock (the "Repurchase Program"). 

Under the Old Repurchase Program and the Repurchase Program, we were permitted, but were not obligated, to repurchase our outstanding common stock in the open market from time to time, provided that we complied with our code of ethics and the guidelines specified in Rule 10b-18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") including certain price, market volume and timing constraints. In addition, any repurchases were conducted in accordance with the 1940 Act. The Old Repurchase Program terminated on October 8, 2025 upon the repurchase of $50.0 million of our common stock. We expect the Repurchase Program to be in place until the earlier of December 31, 2026 or until $100.0 million of our outstanding shares of common stock have been repurchased.  

As of September 30, 2025, approximately $40.2 million of common stock has been repurchased by us under the Old Repurchase Program. 

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Table of Contents

The following table outlines repurchases of our common stock under our Old Repurchase Program during the nine months ended September 30, 2025.

(in thousands, except shares and per share data)Total Number ofWeighted Average PriceTotal Number of Shares Purchased as Part of Publicly Announced PlansMaximum Number (or Approximate Dollar Value) of Shares that May Yet Be Purchased Under thePeriodShares PurchasedPaid Per Share (1)or ProgramsPlans or ProgramsJanuary 2025— — — $47,052 February 2025— — — 47,052 March 2025— — — 47,052 April 2025—