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DigitalBridge announces $200m share buyback programme

The company has also announced it expects to effectuate a reverse stock split in which one Class A common equity share will be issued in exchange for every four existing Class A common equity shares in the third quarter of 2022.

By TTC Newsroom

3 Mins

July 07, 2022 | 3:09 PM BST

DigitalBridge Group, Inc. (NYSE: DBRG) has announced that its Board of Directors has approved a US$200 million share repurchase program, effective immediately, which includes the authorisation to repurchase both the company’s outstanding common and preferred shares.

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