Galaxy Digital Board Approves $200 Million Stock Buyback Program

ZkProver · 2026-02-06T14:32:36+00:00

Galaxy Digital announces approval of a stock buyback program, authorizing the repurchase of up to $200 million in common stock. CEO Mike Novogratz emphasized that the company's balance sheet is solid, and the buyback plan demonstrates confidence in the long-term outlook.

ZkProver

2026-02-06 14:32:36

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ChainCatcher Message: Galaxy Digital announced that its board of directors has approved a stock repurchase plan, authorizing the repurchase of up to $200 million of Galaxy Class A common stock. The repurchase must comply with applicable securities laws and stock exchange regulations.

Galaxy founder and CEO Mike Novogratz said, “Galaxy has a solid balance sheet and continues to invest in Galaxy’s growth. This foundation allows us to flexibly return capital to shareholders when we believe the stock price does not reflect the company’s value. The stock repurchase plan also underscores confidence in Galaxy’s long-term prospects.”

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