11:00 AM EDT, 06/09/2025 (MT Newswires) -- Eagle Point Income ( EIC ) said Monday its board has approved a stock buyback program to repurchase up to $50 million worth of its common shares from the open market.

The buyback program will remain active until June 9, 2026, unless extended or ended earlier, the company said.

Shares of the company were up about 1.7% in recent trading.

Price: 13.14, Change: +0.22, Percent Change: +1.66