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» With Stock Price Low, PennyMac REIT Approves $150 Million Share Repurchase Program
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With Stock Price Low, PennyMac REIT Approves $150 Million Share Repurchase Program
August 19, 2015
Brandon Ivey
PennyMac Mortgage Investment Trust may repurchase up to $150 million of its outstanding common shares as the real estate investment trust's stock price has declined this year.
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