Return of net cash proceeds via share repurchase
Company: Nebius
The claim, verbatim
The company intends to retain part of the cash consideration to fund its International Businesses. It intends to return a significant proportion of the net proceeds to remaining shareholders, currently expected to be through a share repurchase offer.
Source (primary)
nebius 8-K exhibit (tm245327d1_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-12)Live source ↗
Quote: “We intend to retain a portion of the cash consideration to finance the development of the retained International Businesses, and to return a significant proportion of such net proceeds (after adjustments, applicable taxes and other expenses) to our remaining Shareholders, which we currently expect will be through a share repurchase offer.”
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 (tm245327d1_ex99-1.htm)
Quote: “We intend to retain a portion of the cash consideration to finance the development of the retained International Businesses, and to return a significant proportion of such net proceeds (after adjustments, applicable taxes and other expenses) to our remaining Shareholders, which we currently expect will be through a share repurchase offer.”