Ellington Financial Announces $50 Million Common Stock Repurchase Program

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Mar 21, 2023

Ellington Financial Inc. (NYSE: EFC) (the “Company”) announced today that its Board of Directors has authorized the repurchase of up to $50 million of the Company's common stock. This authorization extends the Company’s ability to repurchase common stock beyond the 1.55 million shares previously authorized in 2018. Through today, the Company has repurchased nearly all of the 1.55 million shares previously authorized.