Bimini Capital Management (BMNM) Announces $2.5M Share Buyback
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Bimini Capital Management, Inc. Announces Share Repurchase Plan
September 16, 2021 4:02 PM EDTVERO BEACH, Fla.--(BUSINESS WIRE)-- Bimini Capital Management, Inc. (OTCQB: BMNM) (the Company) announced today that its Board of Directors approved a plan to repurchase up to $2.5 million of the Company's Class A Common Stock over the next 24 months.
The Company stated that shares will be repurchased in the open market in accordance with a written plan adopted pursuant to Rule 10b5-1 of the Securities Exchange Act of 1934 (the Exchange Act). The Company will finance the... More
