Company: CIMO
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001409493-25-000028
Chunk: 159

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 8
Chunk 159
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 Repurchase Program is $250 million as of September 30, 2025.In 2022, the Company entered into separate Distribution Agency Agreements (the “Existing Sales Agreements”) with each of Credit Suisse Securities (USA) LLC, JMP Securities LLC, Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC and RBC Capital Markets, LLC. In February 2023, the Company amended the Existing Sales Agreements and entered into separate Distribution Agency Agreements (together with the Existing Sales Agreements, as amended, the “Sales Agreements”) with J.P. Morgan Securities LLC and UBS Securities LLC (replacing Credit Suisse Securities LLC) to include J.P. Morgan Securities LLC and UBS Securities LLC as additional sales agents. Pursuant to the terms of the Sales Agreements, the Company may offer and sell shares of our common stock, having an aggregate offering price of up to $500 million, from time to time in “at the market” offerings through any of the sales agents under the Securities Act of 1933. The Company did not issue any shares under the at-the-market sales program during the quarters ended September 30, 2025 and 2024. The approximate dollar value of shares that may yet be issued under our at-the-market sales program is $426 million as of September 30, 2025.

During the quarter and nine months ended September 30, 2025, the Company declared dividends to common shareholders of $31 million or $0.37 per share and $92 million or $1.11 per share, respectively. During the quarter and nine months ended September 30, 2024, the Company declared dividends to common shareholders of $30 million and $87 million, or $0.37 and $1.05 per share, respectively.Earnings per Share (EPS)EPS for the quarters ended September 30, 2025 and 2024 are computed as follows: For the Quarters Ended September 30, 2025September 30, 2024 (dollars in thousands, except share and per share data)Numerator:  Net income (loss) available to common shareholders - Basic$(21,997)$113,672 Effect of dilutive securities:— — Net income (loss) available to common shareholders - Diluted$(21,997)$113,672 Denominator: Weighted average basic shares81,507,492 80,810,