Orchid Island Capital Announces Increase in Stock Repurchase Program Authorization and Estimated Book Value per Share
Orchid Island Capital's Board approved an increase to its stock repurchase program by 25 million shares, bringing the total authorization to roughly 13.3% of outstanding common stock. The company estimated its book value per share at $7.24 to $7.28 as of June 18, 2026, an increase of 2.3% to 2.8% since March 31.
Key figures
- Bvps increase low
- 2.3%
- Bvps increase high
- 2.8%
- Estimated bvps low
- $7.24
- Estimated bvps high
- $7.28
- Buyback increase shares
- 25000000
- Buyback percent outstanding
- 13.3%
- Total buyback authorization shares
- 26612580
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.