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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported)
December 31, 2024

     Annaly Capital Management Inc
(Exact Name of Registrant as Specified in its Charter)
Maryland
1-1344722-3479661
(State or other jurisdiction of incorporation or organization)(Commission File Number)(IRS Employer Identification No.)
  
1211 Avenue of the Americas 
New York,
New York
10036
(Address of principal executive offices)(Zip Code)

Registrant’s telephone number, including area code: (212) 696-0100

Not Applicable
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of Each ClassTrading Symbol(s)Name of Each Exchange on Which Registered
Common Stock, par value $0.01 per shareNLYNew York Stock Exchange
6.95% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred StockNLY.FNew York Stock Exchange
6.50% Series G Fixed-to-Floating Rate Cumulative Redeemable Preferred StockNLY.GNew York Stock Exchange
6.75% Series I Fixed-to-Floating Rate Cumulative Redeemable Preferred StockNLY.INew York Stock Exchange







Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐
























































Item 8.01 Other Events.

On December 31, 2024, the Board of Directors of Annaly Capital Management, Inc. (the “Company”) authorized a new common share repurchase program and a new preferred share repurchase program, each of which shall expire on December 31, 2029. Under the common share repurchase program, the Company may repurchase up to $1.5 billion of its outstanding shares of common stock. Under the preferred share repurchase program, the Company may repurchase up to an aggregate of 63,500,000 shares of its preferred stock, comprised of up to (i) 28,800,000 shares of its 6.95% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, par value $0.01 per share, (ii) 17,000,000 shares of its 6.50% Series G Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, par value $0.01 per share, and (iii) 17,700,000 shares of its 6.75% Series I Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, par value $0.01 per share.

The new common share repurchase program and the new preferred share repurchase program replace the Company’s existing common share and preferred share repurchase programs, each of which expired on December 31, 2024. The new authorizations do not obligate the Company to acquire any particular amount of common stock or preferred stock and each program may be suspended or discontinued at the Company’s discretion without prior notice.







SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

                
ANNALY CAPITAL MANAGEMENT, INC.
(REGISTRANT)
By:
/s/ Anthony C. Green
Name: Anthony C. Green
Title: Chief Corporate Officer & Chief Legal Officer



Dated: January 2, 2025



v3.24.4
Cover Page
Dec. 31, 2024
Document Information [Line Items]  
Document Type 8-K
Document Period End Date Dec. 31, 2024
Entity Registrant Name Annaly Capital Management Inc
Entity Incorporation, State or Country Code MD
Entity File Number 1-13447
Entity Tax Identification Number 22-3479661
Entity Address, Address Line One 1211 Avenue of the Americas
Entity Address, City or Town New York,
Entity Address, State or Province NY
Entity Address, Postal Zip Code 10036
City Area Code 212
Local Phone Number 696-0100
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company false
Entity Central Index Key 0001043219
Amendment Flag false
Common Stock, par value $0.01 per share  
Document Information [Line Items]  
Title of 12(b) Security Common Stock, par value $0.01 per share
Trading Symbol NLY
Security Exchange Name NYSE
6.95% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock  
Document Information [Line Items]  
Title of 12(b) Security 6.95% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
Trading Symbol NLY.F
Security Exchange Name NYSE
6.50% Series G Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock  
Document Information [Line Items]  
Title of 12(b) Security 6.50% Series G Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
Trading Symbol NLY.G
Security Exchange Name NYSE
6.75% Series I Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock  
Document Information [Line Items]  
Title of 12(b) Security 6.75% Series I Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
Trading Symbol NLY.I
Security Exchange Name NYSE
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