---
schema_version: "secwatch.filing_event.v1"
accession: "0001518621-21-000126"
form_type: "8-K"
ticker: "BMNM"
cik: "0001275477"
company_name: "BIMINI CAPITAL MANAGEMENT, INC."
filed_at: "2021-09-16T23:59:59+00:00"
generated_at: "2026-06-29T03:09:06.862473+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Bimini Capital Management authorizes up to $2.5M share repurchase plan over 24 months

## Summary
- Board approved up to $2.5M repurchase of Class A Common Stock, replacing March 2018 plan.
- Repurchases under Rule 10b5-1 executed by Ladenburg Thalmann; expected to start September 27, 2021.
- Prior plan from 2018 repurchased 71,599 shares at aggregate cost of ~$169,000.
- Plan expires in 24 months or earlier if full amount repurchased; no obligation to buy any shares.

## SEC filing metadata
- accession: 0001518621-21-000126
- form_type: 8-K
- ticker: BMNM
- cik: 0001275477
- company_name: BIMINI CAPITAL MANAGEMENT, INC.
- filed_at: 2021-09-16T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1275477/000151862121000126/0001518621-21-000126-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1275477/000151862121000126/bmnm10q20210916.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001518621-21-000126
- JSON: https://secwatch.observer/filing/0001518621-21-000126.json
- Plain text: https://secwatch.observer/filing/0001518621-21-000126.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.