DigitalOcean Announces Buyback Transactions Totaling Approximately 1.13 Billion

Reuters
Aug 12
DigitalOcean Announces Buyback Transactions Totaling Approximately 1.13 Billion

DigitalOcean Holdings Inc. has announced a new stock repurchase program, authorizing the buyback of up to $100 million of its common stock. The repurchase will occur through various methods, including open market purchases and negotiated transactions, in accordance with SEC regulations. The program is scheduled to run until July 31, 2027, with repurchases subject to market conditions and other factors. DigitalOcean has also engaged in privately negotiated transactions to repurchase approximately $1,131.3 million of its 2026 notes.

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