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American Capital ([[ACAS]] +2.6%) logs a big gain after last night's announcement of a continued fast pace of buybacks in Q2. Illustrating the quick decline in the shares over the last 2 months, the average price of purchases was more than 10% over today's price, and 3.2% less than the average buyback price in Q1. March 31 NAV was $19.04, more than 50% above the stock price this morning.

American Capital (ACAS +2.6%) logs a big gain after last night's announcement of a continued fast pace of buybacks in Q2. Illustrating the quick decline in the shares over the last 2 months, the average price of purchases was more than 10% over today's price, and 3.2% less than the average buyback price in Q1. March 31 NAV was $19.04, more than 50% above the stock price this morning. 1 comment!

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