Host Digital Board Approves $15 Million Share Buyback as HOST Trades at $1.93

Host Digital Inc. (HOST) said its board authorized the repurchase of up to $15 million of outstanding common stock over a period of up to one year, the company announced Tuesday. CEO Harmol Samra said the buyback reflects confidence in the company's long-term strategy and gives it flexibility to repurchase shares when the market price undervalues the business. He noted the share price has not affected the power available at Site I or the signed 15-year take-or-pay lease tied to it. Host Digital said its top priority remains financing, developing and delivering its contracted data center projects, targeting delivery in the first quarter of 2027. Repurchases will be evaluated alongside those commitments and other capital needs. HOST was trading at $1.93, up 1.04 percent on the NYSE American.