Company: ADAMM
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001273685-25-000088
Chunk: 443

Company: ADAMAS TRUST, INC.
Filing Date: 2025-11-04
Form: 10-Q
Item: Part I, Item 8
Chunk 443
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0.50 $0.703299100 $0.4296875 $0.43750 June 12, 2025July 1, 2025July 15, 20250.50 0.691771300 0.4296875 0.43750 March 20, 2025April 1, 2025April 15, 20250.50 0.687036875 0.4296875 0.43750 December 10, 2024January 1, 2025January 15, 20250.50 0.4921875 0.4296875 0.43750 September 19, 2024October 1, 2024October 15, 20240.50 0.4921875 0.4296875 0.43750 June 18, 2024July 1, 2024July 15, 20240.50 0.4921875 0.4296875 0.43750 March 13, 2024April 1, 2024April 15, 20240.50 0.4921875 0.4296875 0.43750 (c)  Common StockThe Company had 200,000,000 authorized shares of common stock, par value $0.01 per share, with 90,307,776 and 90,574,996 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively.In February 2022, the Board of Directors approved a $200.0 million common stock repurchase program. In March 2023, the Board of Directors approved an upsize of the common stock repurchase program to $246.0 million. The program, which expires on March 31, 2026, allows the Company to make repurchases of shares of common stock, from time to time, in open market transactions, through privately negotiated transactions or block trades or other means, in accordance with applicable securities laws and the rules and regulations of Nasdaq. The Company did not repurchase shares of its common stock during the three months ended September 30, 2025. During the nine months ended September 30, 2025, the Company repurchased 231,200 shares of its common stock pursuant to the common stock repurchase program for a total cost