Empery Digital (NASDAQ: EMPD) details progress on $100M buyback
Rhea-AI Filing Summary
Empery Digital Inc. provided an update on its stock repurchase program. The board previously authorized the company to repurchase up to $100 million of its outstanding common stock over a 24‑month period. As of September 12, 2025, the company has repurchased 2,582,256 shares of common stock at an average price of $7.26 per share. The company states that approximately $81 million remains available for future repurchases under this program. Additional details are included in a press release dated September 15, 2025, which is filed as an exhibit.
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8-K Event Classification
FAQ
What stock repurchase program did EMPD authorize?
Empery Digital Inc. authorized a stock repurchase program under which the company may repurchase up to $100 million of its outstanding common stock over a 24‑month period.
How much capacity remains on Empery Digital’s stock repurchase program?
Empery Digital states that approximately $81 million remains available for repurchases under its $100 million stock repurchase program.
Where can investors find more details on EMPD’s repurchase update?
More information is provided in a press release dated September 15, 2025, which is attached as Exhibit 99.1 to the current report.
What type of filing disclosed Empery Digital’s repurchase update?
The update on Empery Digital’s stock repurchase program was disclosed in a Form 8‑K under the section titled Other Information.