Share buyback abandoned
Company: Nebius
The claim, verbatim
The Board concluded a share repurchase was no longer warranted and chose to direct capital into the core AI infrastructure business instead.
Source (primary)
nebius 8-K exhibit (tm257185d1_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-19)Live source ↗
Quote: “the Board of Directors concluded that a repurchase by the Company of its Class A shares, authorized by shareholders at the Annual General Meeting in August 2024 was no longer warranted”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms nebius 8-K exhibit (tm257185d1_ex99-1.htm)
Quote: “the Board of Directors concluded that a repurchase by the Company of its Class A shares, authorized by shareholders at the Annual General Meeting in August 2024 was no longer warranted”