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Eagle Point Authorizes $50M Share Buyback
June 10, 2025
Eagle Point Launches $50 Million Common Stock Repurchase Program
Eagle Point Income Company is putting capital to work where it counts. On June 9, the company announced that its board has approved a common stock repurchase program, authorizing up to $50 million in buybacks. The goal: to support the share price and deliver value to shareholders by stepping in when the market undervalues the stock.
This new authorization gives Eagle Point the flexibility to buy back shares at times and prices it sees fit. Whether through opportunistic purchases or ongoing repurchase activity, the company now has a tool to act when it believes the share price doesn’t reflect the fundamentals. It’s a signal that management is focused on capital efficiency and shareholder alignment.
Optimizing Capital Allocation
The repurchase program is part of a broader strategy to manage the company’s capital structure. Eagle Point has multiple series of preferred stock listed on the NYSE, and the addition of this buyback program gives it another lever to adjust equity levels and optimize returns. By reducing the number of shares outstanding, the company can potentially lift earnings per share and net asset value per share—two metrics that matter to investors tracking long-term performance.
