AGNC Investment Corp. 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds Stock Repurchase Program In July of 2019, our Board of Directors authorized the repurchase of up to $1 billion of our outstanding shares of common stock through December 31, 2020. As of June 30, 2020, the Company has repurchased shares at an aggregate amount of $250 million under the program. As of June 30, 2020, $750 million of common stock remains available for repurchase under the program. The following table presents information with respect to purchases of our common stock made during the three months ended June 30, 2020 by us or any "affiliated purchaser" of us, as defined in Rule 10b-18(a)(3) under the Exchange Act (in millions, except per share amounts): Settlement Date Total Number of Shares Purchased 1 Average Net Price Paid Per Share 2 Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs 3 Maximum Number (or Approximate Dollar Value) of Shares That May Yet Be Purchased Under the Publicly Announced Plans or Programs (in millions) April 1, 2020 - April 30, 2020 8.4 $11.97 8.4 $797 May 1, 2020 - May 31, 2020 4.0 $12.08 3.8 750 June 1, 2020 - June 30, 2020 0.0 $— 0.0 N/A Total 12.4 $12.00 12.2 $750 ___________________________ 1. Gary Kain, our Chief Executive Officer and Chief Investment officer, purchased 189,188 shares of our common stock on May 6, 2020 for an average net price paid per share of $12.60. 2. Average net price paid per share purchased by the Company as part of publicly announced plans or programs was $11.99. 3. All shares purchased by the Company were pursuant to the stock repurchase program described in Note 10 of our accompanying Consolidated Financial Statements in this Form 10-Q. Item 3. Defaults upon Senior Securities None. 48 Item 4. Mine Safety Disclosures Not applicable.