1. Homepage
  2. Equities
  3. Canada
  4. Toronto Stock Exchange
  5. Galaxy Digital Holdings Ltd.
  6. News
  7. Summary
    GLXY   KYG370921069

GALAXY DIGITAL HOLDINGS LTD.

(GLXY)
  Report
Delayed Toronto Stock Exchange  -  04:00 2022-07-05 pm EDT
5.290 CAD   +6.22%
06/29Galaxy Digital Announces Results from Annual General Meeting
AQ
06/29TRANSCRIPT : Galaxy Digital Holdings Ltd. - Shareholder/Analyst Call
CI
06/27Galaxy Digital Enters into Automatic Share Purchase Plan; Shares Jumped Near 10% Friday
MT
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Galaxy Digital Gets Approval for Buyback for Up to 10% of Public Float

05/16/2022 | 08:26am EDT

By Adriano Marchese


Galaxy Digital Holdings Ltd. said it has received approval to buy back up to 10% of its public float over the course of one year.

The Canadian financial-services and investment management company said the Toronto Stock Exchange has approved its plan to begin a normal course issuer bid, or NCIB, to buy back up to 10.6 million of its shares. The company is involved in the digital asset, cryptocurrency and blockchain technology sectors.

Galaxy Digital intends to begin buying back the shares May 18. At Friday's closing price of 8.76 Canadian dollars (US$6.79), the value of the shares would be around C$92.8 million.

Along with those of many other Canadian listed crypto companies, Galaxy Digital's shares have fallen in 2022. Shares are down more than 61% since the beginning of the year.


Write to Adriano Marchese at adriano.marchese@wsj.com


(END) Dow Jones Newswires

05-16-22 0825ET

All news about GALAXY DIGITAL HOLDINGS LTD.
06/29Galaxy Digital Announces Results from Annual General Meeting
AQ
06/29TRANSCRIPT : Galaxy Digital Holdings Ltd. - Shareholder/Analyst Call
CI
06/27Galaxy Digital Enters into Automatic Share Purchase Plan; Shares Jumped Near 10% Friday
MT
06/24GALAXY DIGITAL BRIEF : Enters into Automatic Share Purchase Plan
MT
06/24Galaxy Digital Enters into Automatic Share Purchase Plan
AQ
06/21Bitfarms Climbs Over 8% as Says Adjusts HODL Strategy to Improve Liquidity, Strengthen ..
MT
06/21Bitfarms Says Adjusted HODL Strategy to Improve Liquidity, Strengthen Balance Sheet; Ri..
MT
06/17Bitfarms Enters into Equipment Financing Agreement, Reduces Credit Facility; Shares Ris..
MT
06/16WonderFi Announces Conditional Approval to List on The Toronto Stock Exchange
AQ
06/15Glass Lewis Flags Galaxy Digital's Corporate Governance Concerns
MT
More news
Financials
Sales 2022 1 035 M 792 M 792 M
Net income 2022 -598 M -458 M -458 M
Net Debt 2022 875 M 670 M 670 M
P/E ratio 2022 -2,88x
Yield 2022 -
Capitalization 558 M 427 M 427 M
EV / Sales 2022 1,38x
EV / Sales 2023
Nbr of Employees -
Free-Float 18,5%
Chart GALAXY DIGITAL HOLDINGS LTD.
Duration : Period :
Galaxy Digital Holdings Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends GALAXY DIGITAL HOLDINGS LTD.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 3
Last Close Price 4,05 $
Average target price 18,80 $
Spread / Average Target 364%
EPS Revisions
Managers and Directors
Michael Edward Novogratz Chief Executive Officer & Director
Christopher C. Ferraro Co-President
Damien Vanderwilt Co-President & Head-Global Markets
Alexander Ioffe Chief Financial Officer
Michael Daffey Chairman
Sector and Competitors