Use of proceeds for share repurchase
Company: Applied Digital
The claim, verbatim
Company intends to use approximately $31.3 million of net proceeds to repurchase shares of common stock
Source (primary)
Applied Digital 8-K filed 2024-10-31 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “approximately $31.3 million to repurchase shares of its 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 filed 2024-10-31
Quote: “approximately $31.3 million to repurchase shares of its common stock”