CoinShares Board Approve $40 Million Share Repurchase Program
CoinShares' board approved a program to repurchase up to $40 million of its ordinary shares, running until the next AGM expected in Q2 2027. The buyback is funded from existing digital asset treasury resources -- the company sold its Ethereum treasury holding (16.6 million) and half of its Solana holding (2.7 million) earlier this month to reallocate capital.
Key figures
- Deal Value Usd
- 40000000
- Solana sold
- 2700000
- Ethereum sold
- 16600000
- Program expiry
- next AGM, expected Q2 2027
- Solana pct of treasury sold
- 50%
AI analysis
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