 New Mountain Finance Corporation NYSE:NMFC NMFC or the Company today announced that its board of directors has authorized an extension of a program for the purpose of repurchasing up to 50 million worth of its common stock, to be implemented at the discretion of NMFCs management team. Under the repurchase program, NMFC may, but is not obligated to, repurchase its outstanding common stock in the open market from time to time provided that NMFC complies with the prohibitions under its Code of Ethics and the guidelines specified in Rule 10b-18 of the Securities Exchange Act of 1934, as amended, including certain price, market volume and timing constraints. Unless further extended by NMFCs board of directors, the Company expects the repurchase program to be in place until the earlier of December 31, 2020 or until 50 million worth of NMFCs outstanding shares of common stock have been repurchased. To date, approximately 2.9 million worth of repurchases have been made by the Company under the repurchase program. 