Business

Redwood Trust Announces Upsized Common Stock Repurchase Authorization to $150 Million

MILL VALLEY, Calif., July 30, 2025--Redwood Trust, Inc. (NYSE: RWT; "Redwood" or the "Company"), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of Directors has upsized the Company’s authorization to repurchase common stock to $150 million. This stock repurchase authorization has no time limit and may be modified, suspended or discontinued at any time. The Board of Directors also continued its previous authorization for the repurchase of outsta

articleRedwood Trust, Inc.July 30, 20253/company/redwood-trust-inc/news/redwood-trust-announces-upsized-common-110100613
Redwood Trust Announces Upsized Common Stock Repurchase Authorization to $150 Million

About this update from Redwood Trust, Inc.

[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":238,"url":"https://media.zenfs.com/en/business-wire.com/de027a5015c784d9e32e9716dc52d6ac"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/0tY.oYjPhCtWSLEBsSU5GA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ3NjtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/de027a5015c784d9e32e9716dc52d6ac","width":480,"height":238}},"lazy":false},{"type":"text","content":"MILL VALLEY, Calif., July 30, 2025--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE: RWT; "Redwood" or the "Company"), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of Directors has upsized the Company’s authorization to repurchase common stock to $150 million. This stock repurchase authorization has no time limit and may be modified, suspended or discontinued at any time. The Board of Directors also continued its previous authorization for the repurchase of outstanding preferred stock and corporate debt securities.","length":589,"tagName":"p"},{"type":"text","content":""The Board’s decision to increase our share repurchase capacity to $150 million reflects our strong conviction in the intrinsic value of our stock, the strength of our operating platforms, and our strategic positioning," said Christopher Abate, Chief Executive Officer of Redwood. "Having initiated common stock repurchases in the second quarter 2025, we intend to use this expanded authorization proactively to support our stock and drive shareholder value. Our strategic transition to a larger and simplified operating model entails an ongoing focus on partnerships with strategic capital providers—including those not only looking to acquire assets that our platforms originate or source, but also to invest directly in the expansion of our business."","length":774,"tagName":"p"},{"type":"text","content":"The timing and amount of stock repurchases made pursuant to the Redwood’s repurchase authorization are at the Company’s discretion and subject to various factors, including the Company's capital position, liquidity, financial performance and alternative uses of capital, stock trading price, regulatory requirements and general market conditions. This repurchase authorization does not...

More updates from Redwood Trust, Inc.

Redwood Trust, Inc.the CompanyBoard of DirectorsREDWOOD TRUSTauthorizationstock repurchase