secwatch.observer — SEC 8-K summary
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Issuer:     Ready Capital Corp (RC)
CIK:        0001527590
Form:       8-K
Filed at:   2022-09-29T23:59:59+00:00
Accession:  0001104659-22-104220
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ready Capital expands share repurchase authorization by $25M to $50M total
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527590/000110465922104220/0001104659-22-104220-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527590/000110465922104220/tm2227002d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-104220

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