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TCG BDC Stockholders Approve Key Proposals at Meeting

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TCG BDC Stockholders Approve Key Proposals at Meeting

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An announcement from TCG BDC ( (CGBD) ) is now available.

On June 9, 2025, Carlyle Secured Lending, Inc. held its 2024 Annual Meeting of Stockholders where two key proposals were voted on. The stockholders elected Leslie E. Bradford and John G. Nestor as Class III directors for a three-year term and ratified the selection of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025. Both proposals were approved by the requisite vote, with a quorum of 47,399,058 shares present or represented at the meeting.

The most recent analyst rating on (CGBD) stock is a Sell with a $17.00 price target. To see the full list of analyst forecasts on TCG BDC stock, see the CGBD Stock Forecast page.

Spark’s Take on CGBD Stock

According to Spark, TipRanks’ AI Analyst, CGBD is a Neutral.

CGBD’s stock score reflects a solid financial foundation and strong valuation metrics. The recent strategic merger and robust dividend yield are key strengths. However, technical indicators show bearish trends, and recent financial performance poses some risks. The company’s earnings call provides a positive outlook with strategic growth initiatives.

To see Spark’s full report on CGBD stock, click here.

More about TCG BDC

Average Trading Volume: 390,483

Technical Sentiment Signal: Sell

Current Market Cap: $1.03B

For a thorough assessment of CGBD stock, go to TipRanks’ Stock Analysis page.

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