secwatch.observer — SEC 8-K summary
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Issuer:     Ready Capital Corp (RC)
CIK:        0001527590
Form:       8-K
Filed at:   2025-01-16T23:59:59+00:00
Accession:  0001104659-25-004145
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ready Capital authorizes $150M stock repurchase program
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- Board approved repurchase of up to $150M of common stock (NYSE: RC).
- Repurchases may occur on open market or in private transactions at management's discretion.
- Program may utilize Rule 10b5-1 and 10b-18 plans for timing flexibility.
- Timing and amount depend on market conditions, share price, and legal requirements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527590/000110465925004145/0001104659-25-004145-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527590/000110465925004145/tm253577d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-004145

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer