EX-99.1 2 ea029190101ex99-1.htm PRESS RELEASE, DATED MAY 21, 2026 Exhibit 99.1 Palmer Square Capital BDC Inc. Announces Increase and Extension of its Stock Repurchase Program Authorizes an Additional $30 million of Repurchases MISSION WOODS, Kansas, May 21, 2026 - Palmer Square Capital BDC Inc. (NYSE: PSBD) (“PSBD” or the “Company”), an externally managed business development company, today announced that the Company’s board of directors authorized an increase and extension of the Company’s previously established open-market share repurchase program (the “Repurchase Program”). Under the increased and extended Repurchase Program, the board of directors authorized the Company to repurchase an additional $30 million of shares of its common stock and extended the Repurchase Program to expire on June 22, 2027. Pursuant to the program, the Company may, from time to time, purchase shares of its common stock in the open market, subject to market conditions and other factors. To date, approximately $22.2 million of repurchases have been made by the Company under the Repurchase Program. In connection with the Repurchase Program, the Company expects to enter into a share repurchase …
Open exhibit ↗Current Report · Items 8.01, 9.01 · 8-K
Palmer Square Capital BDC Inc.
PSBDNYSEEQUITYCurrent
Other Events
Item 8.01 Other Events. Increase and Extension of Stock Repurchase Program On May 21, 2026, Palmer Square Capital BDC (the “Company”) issued a press release to announce that its board of directors approved an increase and extension of the Company’s stock repurchase program. A copy of the press release is furnished as Exhibit 99.1 to this Form 8-K.…
Company context
Palmer Square Capital BDC Inc. (NYSE: PSBD) is an externally managed, non-diversified closed-end management investment company that primarily lends to and invests in corporate debt loans, including but not limited to large private U.S. companies in the broadly syndicated loan market, as well as the direct large cap private credit market. PSBD has elected to be regulated as a business development company under the Investment Company Act of 1940. PSBD’s investment objective is to maximize total return, comprised of current income and capital appreciation. PSBD’s current investment focus is guided by two strategies that facilitate its investment opportunities and core competencies: (1) investing in corporate debt loans and, to a lesser extent, (2) investing in other debt securities which may include collateralized loan obligation debt and equity. PSBD’s investment activities are managed by its investment adviser, Palmer Square BDC Advisor LLC, an affiliate of Palmer Square Capital Management LLC.