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Stock impact report

MTGE Investment Corp. Announces AGNC Investment Corp. May Invest in MTGE Investment Corp. Common Stock

MTG INVESTMENT CORP COMMON (MTGE) 
Last mtg investment corp common earnings: 5/3 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.mtge.com
Company Research Source: PR Newswire
BETHESDA, Md., April 26, 2017 /PRNewswire/ -- MTGE Investment Corp. ("MTGE" or the "Company") (Nasdaq: MTGE) announced today that the Board of Directors of AGNC Investment Corp. ("AGNC") (Nasdaq: AGNC), the parent company of its external manager, MTGE Management, LLC, has authorized AGNC to invest in MTGE common stock. Any such acquisitions may occur through open market or privately negotiated transactions in accordance with Federal securities laws, including applicable timing and volume limitations. AGNC further announced that its evaluation of MTGE stock purchases will be based upon the expected total return on its investment relative to other opportunities. To date, AGNC has not acquired any shares of stock of MTGE other than under AGNC's long-term performance incentive plan for its employees. AGNC purchases of MTGE common stock are not expected to directly impact any potential MTGE stock repurchase activity under its common stock repurchase program, as MTGE will have priority in e Show less Read more
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