Angel Oak Mortgage REIT preliminary Q2 GAAP EPS ($0.04)-$0.01; repurchase agreement with Xylem for up to $20M

Angel Oak Mortgage REIT, Inc.

Preliminary Q2 GAAP EPS range ($0.04) to $0.01; distributable EPS ($0.12) to ($0.07) per share.
Book value per share $9.98-$10.49; economic book value $12.90-$13.41 as of June 30, 2024.
Stock repurchase agreement with Xylem (Davidson Kempner affiliate) to buy $5M-$20M of common stock.
Repurchase price based on 5-day VWAP less 3.15% discount; conditional on closing of senior notes offering by Aug 15, 2024.
Aggregate repurchase linked to note sale proceeds: $5M if $25M notes sold, up to $20M if $50M or more sold.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.