Additional $750M buyback authorization
Company: Hut 8
The claim, verbatim
Hut 8's board approved an additional $750 million in buybacks, increasing the total authorization to $1 billion.
Source (primary)
HUT Stock Extends Losing Streak To Seven Weeks Despite Friday Rebound As Texas AI Data Center Concerns Mount - Yahoo Finance (-, news_article)
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Quote: “Hut 8's board approved an additional $750 million in buybacks. That increased the total authorization to $1 billion.”
How we checked this
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Additional evidence
confirms HUT Stock Extends Losing Streak To Seven Weeks Despite Friday Rebound As Texas AI Data Center Concerns Mount - Yahoo Finance
Quote: “Hut 8's board approved an additional $750 million in buybacks. That increased the total authorization to $1 billion.”