secwatch.observer — SEC 8-K summary
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Issuer:     Orchid Island Capital, Inc. (ORC)
CIK:        0001518621
Form:       8-K
Filed at:   2026-06-22T20:56:50+00:00
Accession:  0001437749-26-021334
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1518621/000143774926021334/0001437749-26-021334-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1518621/000143774926021334/orc20260622_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-021334

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