Empery Digital Resumes Share Repurchases and Provides Update on Capital Allocation Priorities and Midwest Data Center Investment

What happened

Empery Digital resumed buying back its own shares under a $200 million program. In the week ending October 23, 2026, it repurchased 122,955 shares at an average price of $2.89 per share, including fees, and has repurchased 26,363,499 shares in total.

Confirmed

Global impact / market context

Buying back shares reduces the number of shares outstanding, which can raise the value of each remaining share. Empery says it believes its shares are significantly undervalued relative to its balance sheet, meaning its assets minus liabilities.

Analyst inference

Empery is dividing its cash between buying back stock and investing in AI data centers, which are buildings full of computers for artificial intelligence. It says it will keep enough cash for current commitments while spending on future AI infrastructure opportunities.

Analyst inference

What to watch

1. The company repurchased 122,955 shares in the week ending October 23, 2026 at an average price of $2.89 per share, including fees and commissions. Confirmed
2. The company intends to repurchase shares opportunistically while maintaining sufficient cash to fund current commitments and capitalize on future AI infrastructure opportunities, according to its stated plan. Proposed
3. Watch whether repurchases continue at a similar pace and how much cash is directed to the Midwest AI data center investment, since that spending could reduce cash available for buybacks. Analyst inference

Evidence

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