Empery Digital Inc. (NASDAQ: EMPD) disclosed in an 8-K filing on November 2, 2026, that it repurchased 167,809 shares of its common stock during the week ended October 30, 2026. The shares were purchased under the Company’s existing $200 million share repurchase authorization at an average price of $2.88 per share, which includes fees and commissions.
As of October 30, 2026, the Company has repurchased an aggregate of 26,531,308 shares of its common stock. Following these transactions, the Company reports 29,527,146 shares of common stock outstanding, after giving effect to the potential exercise of 1,653,686 pre-funded warrants. The filing indicates that approximately $50 million remains available under the share repurchase authorization.
Empery Digital stated that it has resumed share repurchases under the program, noting that it believes its shares are undervalued and that repurchasing shares at current levels represents an attractive allocation of capital. The Company also indicated it intends to repurchase shares opportunistically while maintaining sufficient cash to fund current commitments and capitalize on future AI infrastructure opportunities.
