Walker & Dunlop, Inc. Buyback
OLI recorded this information on 3/16/2015
Walker & Dunlop, Inc.
Share Amount Authorized:
In addition, the Company announced that it will repurchase from the Underwriter 3,000,000 shares being sold by the Fortress funds concurrently with, and subject to, the closing of the offering. The Company's per-share price will be the same as the per-share price payable by the Underwriter to the Fortress funds. The repurchased shares will no longer be outstanding following the completion of the offering. The Company expects to fund the share repurchase with cash on hand.
Walker & Dunlop is a holding company and conducts the majority of its operations through Walker & Dunlop, LLC, its operating company. Co. originates, sells, and services a range of multifamily and other commercial real estate financing products, provides multifamily property sales brokerage services, and engages in commercial real estate investment management activities. Co.'s commercial real estate finance products include first mortgage, second trust, supplemental, construction, small-balance, and bridge/interim loans. Co. provides property sales services to owners and developers of multifamily properties and commercial real estate investment management services for various investors.
WD SEC Filing Email Alerts Service
Open the WD Page at The Online Investor »
Free WD Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts
Strong Buy (4.00 out of 4)