other material
confidence high
sentiment neutral
materiality 0.40
Granite Point Mortgage Trust adopts 10b5-1 plan to repurchase up to 1.25M shares
Granite Point Mortgage Trust Inc.
- Plan allows repurchase of up to 1,250,000 shares of common stock commencing May 13, 2025.
- Plan expires on the earlier of reaching the repurchase limit, July 7, 2025 close, or specified events.
- Remaining authorization under the share repurchase program is 3,886,461 shares.
- Plan adopted as part of previously announced share repurchase program.