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GREENWICH, Conn. - Oxford Lane Capital Corp. (NASDAQ:OXLC), a $1.67 billion market cap investment company trading near its 52-week high, announced that its previously disclosed 1-for-5 reverse stock split of common stock became effective at market close on September 5, 2025, with split-adjusted trading beginning Monday on the Nasdaq Stock Market. According to InvestingPro data, the company has shown strong momentum recently, with the stock maintaining robust performance metrics.
Following the reverse split, every five shares of common stock have been automatically combined into one share, with the par value remaining unchanged. The company continues trading under the symbol "OXLC" but with a new CUSIP number: 691543 847.
As a result of the split, the company’s previously announced monthly distributions have been adjusted proportionally. The September 2025 distribution increases from $0.09 to $0.45 per share, while distributions for October, November, and December 2025 rise from $0.08 to $0.40 per share. InvestingPro analysis reveals that OXLC has maintained dividend payments for 15 consecutive years, with a current yield of 5.93%, and has raised its dividend for three consecutive years.
No fractional shares were issued in the reverse split process. Instead, shareholders entitled to fractional shares will receive cash payments in lieu of those shares.
The company noted that the reverse split affects all shareholders uniformly and does not alter any shareholder’s percentage interest in Oxford Lane’s outstanding common stock, except for adjustments from fractional share treatment. The number of authorized shares remains unchanged at 900 million.
Shareholders holding shares in book-entry form or through intermediaries need not take action regarding the reverse split. Record shareholders will receive information from the company’s transfer agent, Computershare Trust Company, N.A.
Oxford Lane Capital Corp. is a publicly-traded registered closed-end management investment company that primarily invests in debt and equity tranches of collateralized loan obligation vehicles, according to the press release statement. The company has demonstrated strong financial performance with 40.34% revenue growth in the last twelve months and maintains a healthy current ratio of 1.77. For detailed analysis and additional insights, investors can access the comprehensive Pro Research Report available on InvestingPro, which covers over 1,400 US equities with expert analysis and actionable intelligence.
In other recent news, Oxford Lane Capital Corp reported its Q1 2025 earnings, which presented a mixed outcome for investors. The company revealed earnings per share (EPS) of $0.24, which did not meet the anticipated $0.27, marking an 11.11% negative surprise. However, Oxford Lane Capital managed to surpass revenue expectations, reporting $124 million compared to the forecast of $100.7 million. These financial results highlight the company’s ability to generate more revenue than expected, even though it fell short on earnings per share. The market’s reaction to these results was notably negative, though specific stock price movements are not detailed here. Investors will be closely monitoring how Oxford Lane Capital navigates these financial discrepancies in upcoming quarters.
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