NewsMeter
$130 million is now the total authorized under CION Investment Corporation's share repurchase program, after the board added $15 million during the Q2 2026 reporting cycle, bringing the prior authorization of $115 million to its current level.
Net investment income for the quarter reached $0.29 per share, even as management announced plans to materially reduce new deal originations, with new commitments limited to follow-on investments in existing portfolio companies during what it described as a deleveraging phase.
Capital pivot: buybacks over originations Management described CION's own stock as a more attractive deployment of capital than new market originations at current trading discounts to net asset value.
NAV rose 3.5% in Q2, driven by mark-to-market appreciation in the equity portfolio following a recovery from Q1 headwinds.
Keep reading