Company: ABR-PF
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001253986-25-000022
Chunk: 113

Company: ARBOR REALTY TRUST INC
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 1
Chunk 113
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 or otherwise in compliance with Rule 10b-18 and Rule 10b5-1 under the Exchange Act, based on our stock price, general market conditions, applicable legal requirements and other factors. The program may be discontinued or modified at any time. During April 2024, we repurchased 935,739 shares of our common stock under the share repurchase program at a total cost of $11.4 million and an average cost of $12.19 per share. At September 30, 2025, there was $138.6 million available for repurchase under this program.Noncontrolling Interest. Noncontrolling interest relates to the operating partnership units (“OP Units”) issued to satisfy a portion of the purchase price in connection with the acquisition of the agency platform of ACM in 2016. Each of these OP Units are paired with one share of our special voting preferred shares having a par value of $0.01 per share and is entitled to one vote each on any matter submitted for stockholder approval. The OP Units are entitled to receive distributions if and when our Board of Directors authorizes and declares common stock distributions. The OP Units are also redeemable for cash, or at our option, for shares of our common stock on a one-for-one basis. At September 30, 2025, there were 16,173,761 OP Units outstanding, which represented 7.6% of the voting power of our outstanding stock.Distributions. Dividends declared (on a per share basis) during the nine months ended September 30, 2025 are as follows:Common StockPreferred StockDividendDeclaration DateDividendDeclaration DateSeries DSeries ESeries FFebruary 19, 2025$0.43 March 28, 2025$0.3984375 $0.390625 $0.390625 April 30, 2025$0.30 June 27, 2025$0.3984375 $0.390625 $0.390625 July 30, 2025$0.30 September 29, 2025$0.3984375 $0.390625 $0.390625 Common Stock – On October 29, 2025, the Board of Directors declared a cash dividend of $0.30 per share of common stock. The dividend is payable on November 26, 2025 to common stockholders of record as of the close of business