
PANews|Sep 26, 2025 12:48
[Bitcoin Treasury Company Empery Digital Announces Execution of $50 Million Primary Repurchase Agreement]
According to Businesswire, Bitcoin treasury company Empery Digital (NASDAQ: EMPD) announced that it has executed the previously disclosed $50 million primary repurchase agreement, which has a maturity date of August 31, 2026. This term loan will be used to fully repay outstanding borrowings under the existing loan arrangements without incurring prepayment fees, while also providing additional funds for the company's stock repurchase efforts. As of September 25, 2025, the company has repurchased 4,446,844 shares of common stock under its $100 million stock repurchase plan at an average purchase price of $7.48 per share, inclusive of all fees and commissions. Following these repurchases, approximately $67 million remains available under the company's existing stock repurchase plan for future buybacks. Management remains committed to enhancing shareholder value by conducting accretive stock repurchases at prices below net asset value (NAV), thereby increasing the Bitcoin holdings per share for shareholders.
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