MFA Financial (MFA) just unveiled an update.
MFA Financial, Inc. has struck a deal with prominent sales agents, including Goldman Sachs and Morgan Stanley, allowing the company to sell up to $300 million in common stock in “at-the-market” offerings. On a separate front, the company’s Board of Directors has greenlit a stock repurchase program, authorizing buybacks of up to $200 million in common stock through the end of 2025, replacing the prior repurchase program. These strategic financial movements aim to bolster MFA Financial’s market position and offer flexibility in capital management, subject to market conditions and regulatory guidelines.
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