other material
confidence high
sentiment neutral
materiality 0.35
Ready Capital expands share repurchase authorization by $25M to $50M total
Ready Capital Corp
- Board approved $25.0M increase to existing stock repurchase program, total authorization $50.0M.
- Repurchases may occur on open market or in private transactions, subject to SEC rules.
- Program allows Rule 10b5-1 plans for repurchases during blackout periods.
- Timing and amount depend on market conditions, share price, and legal requirements.