~$100M prepaid forward share repurchase
Company: IREN
The claim, verbatim
IREN expects to enter into a prepaid forward share repurchase transaction to purchase up to approximately $100 million of its ordinary shares, settling shortly after the notes' maturity date, subject to early settlement.
Source (primary)
iren 8-K exhibit (ef20050459_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-13)Live source ↗
Quote: “IREN will purchase up to approximately $100 million of its ordinary shares (based on the last reported sale price of IREN's ordinary shares on the pricing date), for settlement on the date that is shortly after the maturity date of the notes”
How we checked this
Checked on October 15, 2026. The cited source supports every part of this claim.
The prepaid forward section states the approximately $100 million size, the settlement timing, and the early settlement provision.
Confirmed in the source:
- IREN expects to enter into a privately negotiated prepaid forward share repurchase transaction
- Under it IREN will purchase up to approximately $100 million of its ordinary shares
- Settlement is shortly after the notes' maturity date
- Settlement is subject to early settlement, in whole or in part
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1878848/000114036125022103/ef20050459_ex99-1.htm) in full (16,322 characters, retrieved October 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms iren 8-K exhibit (ef20050459_ex99-1.htm)
Quote: “IREN will purchase up to approximately $100 million of its ordinary shares (based on the last reported sale price of IREN's ordinary shares on the pricing date), for settlement on the date that is shortly after the maturity date of the notes”