- The company repurchased about $160M worth of stock last year at an average cost of $21.25 each (7.5M shares), cutting the float by 16.9% to 36.682M shares.
- The accretive effect on NAV per share was roughly $1.13.
- Armour (NYSE:ARR) can buy back another 1.881M shares under its current repurchase program.
- Source: Press Release
- The stock closed last night at $21.88.
Armour Residential tallies 2015 buybacks
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About ARR Stock
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Symbol | Last Price | % Chg |
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ARR | - | - |
ARMOUR Residential REIT, Inc. |