financetom
Business
financetom
/
Business
/
Empery Digital Lands $25 Million Credit Facility to Fund Share Buybacks
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Empery Digital Lands $25 Million Credit Facility to Fund Share Buybacks
Aug 18, 2025 4:20 AM

06:50 AM EDT, 08/18/2025 (MT Newswires) -- Empery Digital ( EMPD ) said Monday it entered into a borrowing facility to provide it with immediate access to $25 million for share repurchases.

The company expects to secure an additional $75 million in borrowing capacity through an uncommitted facility to fund more share repurchases, it said.

Empery Digital ( EMPD ) shares were down 11% in recent premarket activity.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
General Dynamics Wins $299 Million Pentagon's Network Infrastructure Support Contract
General Dynamics Wins $299 Million Pentagon's Network Infrastructure Support Contract
Sep 27, 2024
04:16 PM EDT, 09/19/2024 (MT Newswires) -- General Dynamics' ( GD ) General Dynamics Information Technology unit said Thursday it won a $299 million contract with the Defense Information Systems Agency to continue support for the Pentagon's network infrastructure. The contract was awarded through the joint service provider enterprise transport management-next generation program and has a base period of one...
Exclusive-Shanghai, Shenzhen to lift key home purchase curbs to boost market, sources say
Exclusive-Shanghai, Shenzhen to lift key home purchase curbs to boost market, sources say
Sep 27, 2024
(Reuters) -Top Chinese cities Shanghai and Shenzhen are planning to lift key remaining restrictions on home purchases to attract potential buyers and shore up their flagging real estate markets, four sources with knowledge of the matter said. The changes will allow people from other places in China to buy homes in the popular cities, which had been previously tightly controlled...
Astera Labs Insider Sold Shares Worth $3,475,721, According to SEC Filing
Astera Labs Insider Sold Shares Worth $3,475,721, According to SEC Filing
Sep 27, 2024
04:22 PM EDT, 09/19/2024 (MT Newswires) -- Gajendra Sanjay, Director, on September 17, 2024, sold 76,701 shares in Astera Labs ( ALAB ) for $3,475,721. Following the Form 4 filing with the SEC, Gajendra Sanjay has control over a total of 3,559,335 shares of the company, with 2,704,335 shares held directly and 855,000 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1736297/000173629724000030/xslF345X05/wk-form4_1726777127.xml Price: 47.18,...
Factbox-Airlines suspend flights as Middle East tensions rise
Factbox-Airlines suspend flights as Middle East tensions rise
Sep 27, 2024
(Reuters) - Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or to avoid affected air space. Below are some of the airlines that have adjusted services to and from the region: AIR ALGERIE The Algerian airline suspended flights to and from Lebanon until further notice. AIRBALTIC Latvia's airBaltic plans...
Copyright 2023-2026 - www.financetom.com All Rights Reserved