Galaxy Digital Inc. Announces Major Share Repurchase Program for Class A Common Stock
On February 9, 2026, Galaxy Digital Inc. (traded under Nasdaq: GLXY and TSX: GLXY) revealed its intention to embark on a significant share repurchase program, aiming to buy back up to $200 million worth of its Class A common stock. This decision was ratified by the company's Board of Directors on February 6 and has now received approval from the Toronto Stock Exchange (TSX). The program, which is set to commence on February 12, 2026, and will run until February 11, 2027, is designed to conduct buybacks through various trading platforms, including the TSX and Nasdaq.
Specifically, the company plans to repurchase a total of approximately 14,798,021 shares, translating to roughly 10% of its publicly available shares as of January 31, 2026. The strategy not only aims to stabilize the company's stock value but also offers a flexible tool for managing its capital resources effectively.
The buyback will be executed in accordance with the restrictions imposed by the stock exchanges, which stipulate that the maximum number of shares repurchased on the TSX will be limited to 284,225 per day, based on the average daily trading volume observed from August 2025 to January 2026. Meanwhile, repurchases on the Nasdaq will follow similar volume-based restrictions, unless block purchase exceptions apply.
In recent trends, many companies have turned to share repurchase programs as a means to boost shareholder confidence by reducing the total number of shares available on the market, consequently increasing earnings per share. Galaxy believes that current market conditions present an excellent opportunity to reacquire its shares at favorable prices, particularly when it perceives a disparity between its stock price and the underlying value of the company.
It's noteworthy that neither the company's directors nor senior officers intend to sell any Class A stock within the parameters of this program, although personal circumstances of stakeholders may lead to sales that are unrelated to the repurchase strategy.
Galaxy Digital positions itself as a frontrunner in the field of digital assets and data center infrastructure. The company's impressive infrastructure capabilities, including its vast Helios data center campus in Texas, underscore its commitment to fostering advancements in both finance and artificial intelligence. With expectations that strategic buybacks will enhance shareholder value, Galaxy Digital demonstrates forward-thinking fiscal management, reinforcing its stance as a leader in the rapidly evolving digital landscape.
As Galaxy executes this program, investors and stakeholders are encouraged to remain attentive to updates regarding the number of shares repurchased and other developments that could arise from this strategic initiative. Overall, the shift towards a robust repurchase strategy symbolizes a proactive approach to sustaining market confidence and shareholder interest, which are vital in today’s competitive financial environment.
Specifically, the company plans to repurchase a total of approximately 14,798,021 shares, translating to roughly 10% of its publicly available shares as of January 31, 2026. The strategy not only aims to stabilize the company's stock value but also offers a flexible tool for managing its capital resources effectively.
The buyback will be executed in accordance with the restrictions imposed by the stock exchanges, which stipulate that the maximum number of shares repurchased on the TSX will be limited to 284,225 per day, based on the average daily trading volume observed from August 2025 to January 2026. Meanwhile, repurchases on the Nasdaq will follow similar volume-based restrictions, unless block purchase exceptions apply.
In recent trends, many companies have turned to share repurchase programs as a means to boost shareholder confidence by reducing the total number of shares available on the market, consequently increasing earnings per share. Galaxy believes that current market conditions present an excellent opportunity to reacquire its shares at favorable prices, particularly when it perceives a disparity between its stock price and the underlying value of the company.
It's noteworthy that neither the company's directors nor senior officers intend to sell any Class A stock within the parameters of this program, although personal circumstances of stakeholders may lead to sales that are unrelated to the repurchase strategy.
Galaxy Digital positions itself as a frontrunner in the field of digital assets and data center infrastructure. The company's impressive infrastructure capabilities, including its vast Helios data center campus in Texas, underscore its commitment to fostering advancements in both finance and artificial intelligence. With expectations that strategic buybacks will enhance shareholder value, Galaxy Digital demonstrates forward-thinking fiscal management, reinforcing its stance as a leader in the rapidly evolving digital landscape.
As Galaxy executes this program, investors and stakeholders are encouraged to remain attentive to updates regarding the number of shares repurchased and other developments that could arise from this strategic initiative. Overall, the shift towards a robust repurchase strategy symbolizes a proactive approach to sustaining market confidence and shareholder interest, which are vital in today’s competitive financial environment.
Topics Financial Services & Investing）
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