Company: FCRX
Filing Date: 2025-06-06
Form Type: N-2/A
Source: 0001193125-25-137120
Chunk: 41

Company: Crescent Capital BDC, Inc.
Filing Date: 2025-06-06
Form: N-2/A
Chunk 41
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 participate in the dividend reinvestment plan. Stockholders whose shares are held by a broker or other financial intermediary should consult their broker-dealers for details regarding reinvestment. To implement the dividend reinvestment plan, with respect to each distribution made under the dividend reinvestment plan, the Board of Directors reserves the right, subject to the provisions of the 1940, Act, to either may use newly issued shares or we may purchase shares in the open market, in each case to the extent permitted under applicable law, whether our shares are trading at, above or below net asset value. If newly issued shares are used to implement the dividend reinvestment plan, the number of shares to be issued to a stockholder shall be determined by dividing the total dollar amount of the distribution payable to such stockholder by the market price per share of our common stock at the close of regular trading on the applicable stock exchange on the date of such distribution subject to the adjustments described below. Stockholders may have a fractional interest in shares and distributions on fractional shares shall be credited to such stockholders’ account. If a stockholder with a fractional share terminates its account under the dividend reinvestment plan, the plan administrator will distribute cash to the stockholder at the market value of the shares at the time of termination. The market price per share of our common stock on a particular date shall be the closing price for such shares on the applicable stock exchange on such date or, if no sale is reported for such date, at the average of their reported bid and asked prices. However, if the market price per share exceeds the most recently computed net asset value per share, we will issue shares at the greater of (i) the most recently computed net asset value per share and (ii) 95% of the current market price per share (or such lesser discount to the current market price per share that still exceeds the most recently computed net asset value per share). If we determine to make open market purchase of our shares for the accounts of Participants, the purchase price for such shares shall be set to the average weighted price for all shares purchased for Plan participants with respect to such distribution. The Board of Directors would typically cause the Fund to make open market purchases of its shares for the accounts of participants under the dividend reinvestment plan if doing so was permitted under applicable law and was accretive to shareholders. There are no brokerage charges to stockholders who participate in the dividend reinvestment plan. The plan administrator’s fees under the plan are paid by us, and stockholders therefore ultimately bear the cost