Company: NLY-PF
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001043219-25-000012
Chunk: 192

Company: ANNALY CAPITAL MANAGEMENT INC
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 192
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holders’ equity(dollars in thousands)6.95% Series F fixed-to-floating rate cumulative redeemable preferred stock$696,910 $696,910 6.50% Series G fixed-to-floating rate cumulative redeemable preferred stock411,335 411,335 6.75% Series I fixed-to-floating rate cumulative redeemable preferred stock428,324 428,324 8.875% Series J fixed-rate cumulative redeemable preferred stock265,911 — Common stock6,811 5,784 Additional paid-in capital27,352,976 25,257,716 Accumulated other comprehensive income (loss)(624,387)(1,017,682)Accumulated deficit(13,626,983)(13,173,146)Total stockholders’ equity$14,910,897 $12,609,241 

Capital Stock

Common Stock

In January 2022, we announced that our Board authorized the repurchase of up to $1.5 billion of our outstanding shares of common stock through December 31, 2024 (the “Prior Common Stock Repurchase Program”). In January 2025, we announced that our Board authorized the repurchase of up to $1.5 billion of our outstanding shares of common stock through December 31, 2029 (the “Current Common Stock Repurchase Program”). The Current Common Stock Repurchase Program replaced the Prior Common Stock Repurchase Program. During the three and nine months ended September 30, 2025 and 2024, no shares were repurchased under the Current Common Stock Repurchase Program or the Prior Common Stock Repurchase Program, respectively.

Purchases made pursuant to the Current Common Stock Repurchase Program will be made in either the open market or in privately negotiated transactions from time to time as permitted by securities laws and other legal requirements. The timing, manner, price and amount of any repurchases will be determined by us in our discretion and will be subject to economic and market conditions, stock price, applicable legal requirements and other factors. The authorization does not obligate us to acquire any particular amount of common stock and the program may be suspended or discontinued at our discretion without prior notice.

On September 20, 2024, we entered into separate Distribution Agency Agreements (collectively, the “Prior Sales Agreements”) with each of Barclays Capital Inc., BNP Paribas Securities Corp., BofA Securities, Inc., Citizens JMP Securities, LLC, Goldman