Item 2.02 Results of Operations and Financial Condition.





On May 4, 2022, Invesco Mortgage Capital Inc. (the "registrant") issued a press
release announcing its financial results for the quarter ended March 31, 2022
(the "Release").

The Release is attached to this Report as Exhibit 99.1 and the information
contained in the Release is incorporated into this Item 2.02 by this reference.
The information contained in this Item 2.02 is being "furnished" and shall not
be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act
of 1934, as amended ("Exchange Act"), or otherwise subject to the liabilities of
that section. The information in this Item 2.02 shall not be incorporated by
reference into any registration statement or other document pursuant to the
Securities Act of 1933, as amended, or into any filing or other document
pursuant to the Exchange Act, except as otherwise expressly stated in such
filing.


Item 8.01   Other Events.



Share Repurchase Program

On May 3, 2022, the registrant's Board of Directors approved a preferred stock
repurchase program authorizing the registrant to repurchase up to three million
shares of its 7.75% Fixed-to-Floating Series B Cumulative Redeemable Preferred
Stock and up to five million shares of its 7.50% Fixed-to-Floating Series C
Cumulative Redeemable Preferred Stock (the "Preferred Stock Repurchase
Program"). Repurchases under the Preferred Stock Repurchase Program may be made
at management's discretion from time to time on the open market, in privately
negotiated transactions or otherwise, in each case subject to compliance with
all Securities and Exchange Commission rules and other legal requirements, and
may be made in part under one or more Rule 10b5-1 plans, which permit stock
repurchases at times when the Company might otherwise be precluded from doing
so.

There is no guarantee as to the exact number of shares that will be repurchased
under the Preferred Stock Repurchase Program, or that any repurchases will
occur. In addition, the Preferred Stock Repurchase Program may be suspended,
extended or terminated by the registrant at any time without prior notice.

Reverse Stock Split



On May 3, 2022, the registrant's Board of Directors also approved a reverse
stock split of the registrant's common stock at a ratio of 1-for-10. The reverse
stock split is expected to take effect following the close of business on June
3, 2022 (the "Effective Time").

Accordingly, at the Effective Time, every ten issued and outstanding shares of
the registrant's common stock will be converted into one share of the
registrant's common stock. The registrant's common stock is expected to begin
trading on the New York Stock Exchange on a post-split basis beginning on June
6, 2022 under a new CUSIP number: 46131B704.

No fractional shares will be issued in connection with the reverse stock split.
Instead, each stockholder holding fractional shares will be entitled to receive,
in lieu of such fractional shares, cash in an amount determined based on the
closing price of the registrant's common stock on the date of the Effective
Time. The reverse stock split will apply to all of the registrant's outstanding
shares of common stock and will not affect any stockholder's ownership
percentage of shares of the registrant's common stock, except for de minimis
changes resulting from the payment of cash in lieu of fractional shares.
Stockholders of record will be receiving information from Computershare Trust
Company, N.A., the registrant's transfer agent ("Computershare"), regarding
their stock ownership following the reverse stock split and applicable payments
of cash in lieu of fractional shares.

Stockholders with certificated shares of common stock will receive a letter of
transmittal from Computershare with instructions on how to surrender
certificates representing pre-split shares. Stockholders with book-entry shares
or who hold their shares through a bank, broker or other nominee will not need
to take any action. Stockholders of record will be receiving information from
Computershare regarding their stock ownership following the reverse stock split
and cash in lieu of fractional share payments, if applicable.


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Item 9.01   Financial Statements and Exhibits.



   (d)   Exhibits.



Exhibit No.               Description
99.1                        Press Release, dated May 4, 2022, issued by

Invesco Mortgage Capital


                          Inc.
104                       Cover Page Interactive Data File (embedded within the Inline XBRL document)





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