Company: TWO-PC
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001465740-25-000140
Chunk: 234

Company: TWO HARBORS INVESTMENT CORP.
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 8
Chunk 234
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Six Months EndedJune 30,June 30,(in thousands, except per share amounts)2025202420252024Class of StockAmountPer ShareAmountPer ShareAmountPer ShareAmountPer ShareSeries A Preferred Stock$2,564 $0.51 $2,564 $0.51 $5,129 $1.02 $5,129 $1.02 Series B Preferred Stock$4,842 $0.48 $4,842 $0.48 $9,683 $0.96 $9,683 $0.96 Series C Preferred Stock$5,833 $0.60 $4,378 $0.45 $11,613 $1.20 $8,756 $0.90 Common Stock$40,956 $0.39 $46,945 $0.45 $88,212 $0.84 $94,026 $0.90 Dividend Reinvestment and Direct Stock Purchase PlanThe Company sponsors a dividend reinvestment and direct stock purchase plan through which stockholders may purchase additional shares of the Company’s common stock by reinvesting some or all of the cash dividends received on shares of the Company’s common stock. Stockholders may also make optional cash purchases of shares of the Company’s common stock subject to certain limitations detailed in the plan prospectus. The plan allows for the issuance of up to an aggregate of 937,500 shares of the Company’s common stock. As of June 30, 2025, 161,835 shares have been issued under the plan for total proceeds of approximately $6.7 million, of which 5,692 and 12,218 shares were issued for total proceeds of $0.1 million and $0.2 million during the three and six months ended June 30, 2025, respectively. During the three and six months ended June 30, 2024, 3,967 and 8,025 shares were issued for total proceeds of $0.1 million and $0.1 million, respectively.Common Share Repurchase ProgramThe Company’s common share repurchase program allows for the repurchase of up to an aggregate of 9,375,000 shares of the Company’s common stock. Common shares may be repurchased from time to time through privately negotiated transactions or open market transactions, pursuant to a trading plan in accordance with Rules 10