Galaxy Digital board approves share buybacks as its stock price tanks

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Galaxy Digital board approves share buybacks as its stock price tanks
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ICYMI: Galaxy Digital board approves share buybacks as its stock price tanks

Galaxy Digital announced in an update on Wednesday that it would commence a share buyback program of approximately 10.6 million shares, or 10% of the company's public float.

that it may use repurchases"opportunistically at times when it believes that the current market price of its shares does not reflect their intrinsic value and that purchasing its own ordinary shares is consistent with the objective of creating long term shareholder value."

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