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Cogent Communications to Resume Stock Repurchase Program

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Cogent Communications (NASDAQ: CCOI) announced on Nov 17, 2025 that its Board has authorized management to resume the company's stock repurchase program. The company said it may purchase shares from time to time depending on market, economic, and other factors.

The repurchase program does not obligate Cogent to acquire any specific number of shares, and the company cannot guarantee the amount of shares that may be repurchased pursuant to the program, if any.

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Positive

  • Board authorized resumption of repurchases on Nov 17, 2025
  • Company may repurchase shares opportunistically depending on market

Negative

  • No obligation to acquire any specific number of shares
  • No guarantee on the amount of shares that may be repurchased

News Market Reaction 14 Alerts

+5.41% News Effect
+8.3% Peak in 23 hr 31 min
+$51M Valuation Impact
$996M Market Cap
0.5x Rel. Volume

On the day this news was published, CCOI gained 5.41%, reflecting a notable positive market reaction. Argus tracked a peak move of +8.3% during that session. Our momentum scanner triggered 14 alerts that day, indicating notable trading interest and price volatility. This price movement added approximately $51M to the company's valuation, bringing the market cap to $996M at that time.

Data tracked by StockTitan Argus on the day of publication.

WASHINGTON, Nov. 17, 2025 /PRNewswire/ -- The Board of Directors of Cogent Communications Holdings, Inc. ("Cogent") (NASDAQ: CCOI) one of the largest Internet service providers in the world, today announced that it has determined to allow management to resume the company's stock repurchase program. The company may purchase shares from time to time depending on market, economic, and other factors. Cogent's stock repurchase program does not obligate the company to acquire any specific number of shares, and there can be no guarantee as to the amount of shares that may be repurchased pursuant to the program, if any.

About Cogent
Cogent Communications (NASDAQ: CCOI) is a multinational, Tier 1 facilities-based ISP. Cogent specializes in providing businesses with high-speed Internet access, Ethernet transport, and colocation services. Cogent's facilities-based, all-optical IP network backbone provides services in 302 markets globally.

Cogent is headquartered at 2450 N Street, NW, Washington, D.C. 20037. For more information, visit www.cogentco.com. Cogent can be reached in the United States at (202) 295-4200 or via email at info@cogentco.com.

Information in this release may involve expectations, beliefs, plans, intentions or strategies regarding the future. These forward-looking statements involve risks and uncertainties. All forward-looking statements included in this release are based upon information available to Cogent Communications Holdings, Inc. as of the date of the release, and we assume no obligation to update any such forward-looking statement. The statements in this release are not guarantees of future performance and actual results could differ materially from our current expectations. Numerous factors could cause or contribute to such differences. Some of the factors and risks associated with our business are discussed in Cogent's registration statements filed with the Securities and Exchange Commission and in its other reports filed from time to time with the SEC.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/cogent-communications-to-resume-stock-repurchase-program-302617675.html

SOURCE Cogent Communications Holdings, Inc.

FAQ

What did Cogent (CCOI) announce about its stock repurchase program on Nov 17, 2025?

Cogent's Board authorized management to resume the company's stock repurchase program effective Nov 17, 2025, with purchases possible from time to time.

How many shares will Cogent (CCOI) buy under the resumed repurchase program?

The company did not specify a number; the program does not obligate Cogent to acquire any specific number of shares.

When will Cogent (CCOI) execute repurchases under the resumed program?

Cogent said it may purchase shares from time to time depending on market, economic, and other factors; no schedule was provided.

Does the resumed Cogent (CCOI) buyback guarantee a specific dollar amount or share total?

No. The announcement states there is no guarantee as to the amount of shares that may be repurchased, if any.

Where will investors find future updates on Cogent (CCOI) repurchases?

The company typically reports repurchases in regulatory filings and investor communications; the announcement implies updates will follow as purchases occur.
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