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home / news releases / NRZ - New Residential replaces one $200M stock buyback program for another


NRZ - New Residential replaces one $200M stock buyback program for another

New Residential Investment (NRZ) gains 1.0% in premarket trading after its board authorizes a share repurchase program of up to $200M.The new common share repurchase program, which expires on Dec. 31, 2021, replaces its previous $200M buyback program, which ended on Dec. 31, 2020.Jonathan Weber sees NRZ likely raising its dividend in coming quarters.

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New Residential replaces one $200M stock buyback program for another
Stock Information

Company Name: New Residential Investment Corp.
Stock Symbol: NRZ
Market: NYSE
Website: newresi.com

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