Annaly Capital Management Approves Up to $1.5B Buyback Program

Dow Jones
01-03

By Connor Hart

The board of Annaly Capital Management has authorized a $1.5 billion share repurchase program.

The New York real-estate investment firm's board also approved Thursday a new preferred share repurchase program, under which it can buy back 63.5 million shares. These repurchases consist of up to 28.8 million shares of its 6.95% Series F stock, 17 million shares of its 6.50% Series G stock and 17.7 million of its 6.75% Series I stock.

Both programs are set to expire at the end of 2029. They replace the company's existing common-share and preferred-share programs, each of which expired Tuesday.

Write to Connor Hart at connor.hart@wsj.com

 

(END) Dow Jones Newswires

January 02, 2025 17:26 ET (22:26 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10