Empery Digital Repurchases 11,919,788 Units for $87 Million at $7.27 Average Price
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Empery Digital Inc. (NASDAQ: EMPD) has repurchased 11,919,788 shares of its common stock for $87 million at an average price of $7.27 per share. This is part of a $150 million share repurchase program, with $63 million still available for future buybacks. The repurchase was funded by borrowings from the company's $150 million borrowing facilities, with $90 million drawn so far.
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