Host Digital board authorizes up to $15 million share buyback
HOST•Host Digital’s board authorized a one-year share repurchase program of up to $15 million. Repurchases are discretionary, and financing and delivery of contracted data center projects take priority.
1. Buyback authorization
Host Digital’s board unanimously authorized a one-year program to repurchase up to $15 million of outstanding common stock. Repurchases remain discretionary, with financing and delivery of contracted data center projects taking priority. The board said it believes the current share price undervalues the business.
