Walker & Dunlop flies after repurchase deal

|About: Walker & Dunlop, Inc. (WD)|By:, SA News Editor

Walker & Dunlop (WD +7.2%) late Friday agreed to repurchase all 2.45M shares of its common stock held by Column Guarantee (an affiliate of Credit Suisse) for a negotiated price of $14.50 each. The stock closed Friday at $15.45. Today's gain brings it to $16.65.

The total float on the stock is 34M shares.