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Stock Market & Financial Investment News

News Breaks
December 17, 2012
16:15 EDTARRARMOUR Residential announces $100M share repurchase plan
News For ARR From The Last 14 Days
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July 31, 2015
17:05 EDTARRARMOUR Residential reverse stock split to take effect on August 3
ARMOUR Residential REIT announced the effectiveness of its previously disclosed one-for-eight reverse stock split. Beginning with the opening of trading on Monday, August 3, the company's common stock will trade on the NYSE on a reverse split-adjusted basis under the same symbol "ARR," but with a new CUSIP of 042315 507. As a result of the reverse stock split, the number of outstanding shares of ARMOUR's common stock was reduced from approximately 350M shares to approximately 43.75M shares. Concurrently, the number of shares of common stock that ARMOUR has authority to issue was reduced from 1B shares to 125M shares. After the reverse stock split, approximately 81.25M shares of common stock will remain available for future issuances. The par value of ARMOUR's common stock will remain at $0.001 per share after the reverse stock split.
July 29, 2015
16:46 EDTARRARMOUR Residential reports Q2 core EPS 12c, consensus 11c
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