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~$84M share repurchase funded from note proceeds

Company: Applied Digital

Subject kind
financing
Statement date
2024-11-04
Promised amount
84000000.0 USD
Current status
stated

The claim, verbatim

The company repurchased approximately $84 million of its common stock through share repurchases and a prepaid forward repurchase transaction, consisting of $52.7 million for the prepaid forward and $31.3 million for direct share repurchases.

Source (primary)

applied-digital 8-K exhibit (ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
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Quote: “pursuant to share repurchases and prepaid forward repurchase transaction, repurchased approximately $84 million of the Company's common stock”

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 applied-digital 8-K exhibit (ex99-1.htm)

Quote: “pursuant to share repurchases and prepaid forward repurchase transaction, repurchased approximately $84 million of the Company's common stock”

View cached copy (2026-10-25)Live source ↗