Annaly Capital Management, Inc. Buyback
OLI recorded this information on 8/5/2015
Annaly Capital Management, Inc.
Annaly Capital Management, Inc. (NYSE:NLY) ("Annaly" or the "Company") today announced that its Board of Directors has authorized the repurchase of up to $1 billion of its outstanding common shares through December 31, 2016.
Annaly Capital Management is a real estate investment trust. Co. is externally managed by Annaly Management Company LLC. Co. owns a portfolio of real estate related investments, including mortgage pass-through certificates, collateralized mortgage obligations, credit risk transfer securities, other securities representing interests in or obligations backed by pools of mortgage loans, residential mortgage loans, mortgage servicing rights, commercial real estate assets and corporate debt. Co.'s four investment groups are primarily comprised of the following: Annaly Agency Group; Annaly Residential Credit Group; Annaly Commercial Real Estate Group; and Annaly Middle Market Lending Group.
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Hold (2.50 out of 4)