Company: NLY-PF
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001043219-25-000012
Chunk: 301

Company: ANNALY CAPITAL MANAGEMENT INC
Filing Date: 2025-10-30
Form: 10-Q
Item: Part II, Item 2
Chunk 301
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ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

In January 2025, we announced that our Board authorized the repurchase of up to $1.5 billion of our outstanding common shares through December 31, 2029 (the “Current Common Stock Repurchase Program”). No shares were repurchased with respect to this share repurchase program during the quarter ended September 30, 2025. As of September 30, 2025, the maximum dollar value of shares that may yet be repurchased under this program was $1.5 billion.

ITEM 5. OTHER INFORMATION

During the quarter ended September 30, 2025, no director or officer of the Company adopted, modified or terminated any Rule 10b5-1 trading arrangement or non-Rule 10b5-1 trading arrangement.

Articles of Restatement

On October 27, 2025, the Board approved a restatement of every provision of the Company's charter currently in effect and filed Articles of Restatement reflecting the same with the State Department of Assessments and Taxation of Maryland on the following day. The Articles of Restatement do not amend any provision of the charter of the Company. No vote of the stockholders was required in connection with the approval and filing of the Articles of Restatement.

A copy of the Articles of Restatement is filed as Exhibit 3.1 to this Quarterly Report on Form 10-Q.

ITEM 6. EXHIBITS

Exhibits:

The exhibits required by this item are set forth on the Exhibit Index attached hereto. 

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ANNALY CAPITAL MANAGEMENT, INC. AND SUBSIDIARIES

Exhibit NumberExhibit Description   3.1Articles of Restatement, filed with the State Department of Assessments and Taxation of the State of Maryland, effective October 27, 2025. †31.1Certification of David L. Finkelstein, Chief Executive Officer and Co-Chief Investment Officer (Principal Executive Officer) of the Registrant, pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. †31.2Certification of Serena Wolfe, Chief Financial Officer (Principal Financial Officer) of the Registrant, pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 302 of the Sarbanes