Orchid Island Capital boosts stock repurchase program by 25M shares, reports BV estimate $7.24-$7.28

Orchid Island Capital, Inc.

Board approved increase of repurchase authorization by 25M shares, total now up to 26,612,580 shares (~13.3% of outstanding).
Estimated book value per share as of June 18, 2026: $7.24 to $7.28, up ~2.3-2.8% from March 31, 2026.
Repurchases may be made in open market, block trades, or privately negotiated; program has no termination date.
Company not obligated to repurchase any specific amount; program may be suspended at discretion.

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