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Common Stock Transactions
9 Months Ended
Jun. 30, 2024
Equity [Abstract]  
Common Stock Transactions
Note 11. Common Stock Transactions

On August 2, 2024, the Board reapproved the Program to repurchase up to $150,000 of the Company’s common stock pursuant to the Program, exclusive of shares repurchased prior to the date of such authorization. Under the Program, purchases may be made at management’s discretion from time to time in open-market transactions, in accordance with all applicable securities laws and regulations. As of June 30, 2024, the repurchased shares have been retired and returned to the status of authorized but unissued shares of GBDC Common Stock.

As of June 30, 2024, Wells Fargo Securities, LLC, as broker, repurchased 1,300,928 shares of the Company’s common stock pursuant to the Program at an average price of $12.96 per share for an aggregate purchase price of approximately $16,861. There were no repurchases under the Program for the three and nine months ended June 30, 2024. For the three and nine months ended June 30, 2023, repurchases under the Program were as follows:


Month PurchasedTotal Number of Shares RepurchasedAverage Price Paid Per ShareApproximate Dollar Value of Shares that have been Purchased Under the PlanApproximate Dollar Value of Shares that May Yet be Purchased Under the Plan
March 1 - 31, 2023751,544$12.84$9,647$140,353
April 1 - 30, 202356,130$13.03731139,622
May 1 - 31, 2023188,210$12.952,438137,184
June 1 - 30, 2023299,794$13.263,975133,209
Total1,295,678$12.96$16,791$150,000*
*The Program was reapproved on August 3, 2023 to purchase $150,000 of the Company’s common stock, exclusive of shares repurchased prior to the date of such authorization. No additional shares have been purchased since the re-approval.