This excerpt taken from the ANH 8-K filed Oct 4, 2005.
STOCK BUYBACK ACTIVITIES
SANTA MONICA, California (October 3, 2005) Anworth Mortgage Asset Corporation (NYSE: ANH) announced today that during the quarter ending September 30, 2005, it had repurchased 1,861,010 shares of its common stock at an average cost of $8.72. Anworths Board of Directors had previously authorized the repurchase of up to 2,000,000 shares, or approximately 4% of its total shares of common stock outstanding, in open market transactions.
During the same period and through its DRIP plan, the Company issued 648,068 shares of common stock at an average price of $8.88. On August 22, 2005, DRIP Plan participants were notified that beginning in September 2005, the 1% discount on direct stock purchases would be reduced to zero until further notice.
The previously reported total paid-in capital per common share on June 30, 2005 was $547,729,000, or $11.40 per share, based on 48,026,000 shares outstanding at that time.
Giving effect for these activities during the quarter ending September 30, 2005, the total paid-in capital per common share increased to $11.48 per common share.
Anworths Board of Directors will meet on October 13, 2005 and declare the third quarter dividend and, afterwards, will provide preliminary information about third quarter operations of the Company and its wholly-owned subsidiary, Belvedere Trust Mortgage Corporation.