Annaly Capital Management (NLY) Tops Q2 EPS by 14c
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Annaly Capital Management (NLY) Approves $1B Common Stock Buyback; Announces Internalization of Chimera Management
August 5, 2015 4:16 PM EDTAnnaly Capital Management (NYSE: NLY) announced that its Board of Directors has authorized the repurchase of up to $1 billion of its outstanding common shares through December 31, 2016.
Purchases made pursuant to the program will be made in either the open market or in privately negotiated transactions from time to time as permitted by securities laws and other legal requirements. The timing, manner, price and amount of any repurchases will be determined by the Company in its discretion and will be subject to economic and market conditions, stock price, applicable legal requirements and other factors.... More
