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The string of mortgage REIT buyback announcements continues: Western Asset Mortgage (WMC)...
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Monday, November 19, 2012, 8:10 AM ETThe string of mortgage REIT buyback announcements continues: Western Asset Mortgage (WMC) announces board approval of a repurchase plan of up to 2.4M shares, about 23% of the float. Book value/share as of Sept. 30: $21.76. Friday's closing price: $19.36. Shares +1.5% premarket. (PR)
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