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Stock Market & Financial Investment News

News Breaks
November 19, 2012
08:01 EDTWMCWestern Asset Mortgage authorizes repurchase of up to 2.4M shares
Western Asset Mortgage Capital announced that its Board of Directors has authorized the repurchase of up to 2.4M shares of its common stock through December 31, 2013. Purchases made pursuant to the program will be made in the open market, in privately negotiated transactions, or pursuant to any trading plan that may be adopted in accordance with Rules 10b5-1 and 10b-18 of the Securities and Exchange Commission.
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