other material
confidence high
sentiment positive
materiality 0.70
Annaly authorizes $1.5B common stock buyback and up to 63.5M preferred shares buyback through 2029
ANNALY CAPITAL MANAGEMENT INC
- New common share repurchase program authorizes up to $1.5B of outstanding common stock through Dec 31, 2029.
- New preferred share repurchase program authorizes up to 63.5M shares: Series F (28.8M), Series G (17.0M), Series I (17.7M).
- Programs replace existing repurchase programs that expired on Dec 31, 2024.
- Company not obligated to repurchase any specific amount; programs may be suspended or discontinued without notice.