Hatteras Financial Corp. Announces Board Authorization of Stock Repurchase Program

Business Wirevia The Motley Fool
Updated

Hatteras Financial Corp. Announces Board Authorization of Stock Repurchase Program

WINSTON-SALEM, N.C.--(BUSINESS WIRE)-- Hatteras Financial Corp. (NYS: HTS) (the "Company") today announced that its Board of Directors has authorized a stock repurchase program to acquire up to 10 million shares of the Company's common stock.

About Hatteras Financial Corp.


Hatteras Financial Corp. is a real estate investment trust formed in 2007 to invest in single-family residential mortgage pass-through securities guaranteed or issued by U.S. Government agencies or U.S. Government-sponsored entities, such as Fannie Mae, Freddie Mac or Ginnie Mae. Based in Winston-Salem, N.C., the Company is managed and advised by Atlantic Capital Advisors LLC. The Company is a component of the Russell 1000® index.



Hatteras Financial Corp.
Kenneth A. Steele, Chief Financial Officer
336-760-9331
www.hatfin.com
or
CCG Investor Relations
Mark Collinson, Partner
310-954-1343
www.ccgir.com

KEYWORDS: United States North America North Carolina

INDUSTRY KEYWORDS:

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