SuRo Capital Corp. (NasdaqGS:SSSS) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, representing 7.89% of its issued share capital.

The shares will be purchased at a price between $4.00 and $5.00 per share. The purpose of repurchase program is to increase liquidity and to provide value to shareholders. The repurchase will be funded using available cash.

If the offer is oversubscribed, the company will prorate the number of shares accepted. The offer will be valid till April 1, 2024, unless extended. As of February 16, 2024, the company had 25,353,284 common stock outstanding.