real-time news and commentary for investors
Thursday, Sep 19
American Capital Mortgage repurchases of 6% of float in Q3
- American Capital Mortgage (MTGE) announces it's repurchased about 3.2M shares thus far in Q3 - 6% of the float - at an average price of $19.60.
- Shares -0.4% AH to $20.50.
- Press release.
- Earlier: MTGE cuts its dividend 12.5% to $0.70 per share.
- Also: American Capital Agency cuts its dividend 24% to $0.80 per share.