Orchid Island Capital expands buyback authorization by 25M shares, book value up ~2.3-2.8%

Filed June 22, 2026 · Period ending June 22, 2026 · ~1 min read

Key Changes

• high

  Board authorized additional 25M shares for repurchase, bringing total authorization to 26.6M shares (13.3% of outstanding). Program has no termination date and may be suspended at company's discretion.

  Item 8.01 verify on EDGAR →
• high

  Estimated book value per share rose to $7.24-$7.28 as of June 18, 2026, up approximately 2.3-2.8% from March 31, 2026 quarter-end. Estimate is preliminary and unaudited.

  Exhibit 99.1 view on EDGAR →
• medium

  Repurchases may occur through open market transactions, block purchases, or privately negotiated deals, subject to Rule 10b-18 restrictions. Timing and amount remain at management's discretion.

  Item 8.01 verify on EDGAR →