DeFi Development Corp. Expands Buyback Program to $100M
DeFi Development Corp. (Nasdaq: DFDV), a company focused on accumulating and compounding Solana (SOL), has announced a significant expansion of its share repurchase program from $1 million to $100 million of its common stock.
The buyback will be executed on the open market under Rule 10b-18, with an initial $10 million threshold requiring board approval for additional purchases. Management will determine the timing, method, and amount of repurchases based on market conditions, with repurchased shares either being retired or held as treasury stock.
DeFi Development Corp. (Nasdaq: DFDV), una società focalizzata sull’accumulo e la capitalizzazione di Solana (SOL), ha annunciato una significativa espansione del suo programma di riacquisto azionario, passando da $1 milione a $100 milioni delle sue azioni ordinarie.
Il riacquisto sarà eseguito sul mercato aperto ai sensi della Rule 10b-18, con una soglia iniziale di $10 milioni che richiede l’approvazione del consiglio per ulteriori acquisti. La direzione determinerà i tempi, il metodo e l’importo dei riacquisti in base alle condizioni di mercato, con le azioni riacquistate che verranno ritirate o conservate come azioni in tesoreria.
DeFi Development Corp. (Nasdaq: DFDV), una empresa centrada en acumular y capitalizar Solana (SOL), ha anunciado una expansión significativa de su programa de recompra de acciones pasando de $1 millón a $100 millones de sus acciones comunes.
La recompra se llevará a cabo en el mercado abierto conforme a la Regla 10b-18, con un umbral inicial de $10 millones que requiere la aprobación de la junta para compras adicionales. La dirección determinará el momento, el método y la cantidad de recompras según las condiciones del mercado, y las acciones recompradas se retirarán o se mantendrán como tesorería.
DeFi Development Corp. (Nasdaq: DFDV), 솔라나(SOL)를 축적하고 복리로 늘리는 데 집중하는 회사는 자사주 매입 프로그램을 $1백만에서 $1억 달러로 대폭 확대했다고 발표했습니다.
매수는 Rules 10b-18에 따라 공개시장으로 이뤄지며, 초기 임계값으로 $1천만 달러가 설정되어 추가 매입은 이사회 승인이 필요합니다. 경영진은 시장 상황에 따라 매입의 시기, 방법 및 금액을 결정하며, 매입 주식은 소각되거나 재무주로 보유될 수 있습니다.
DeFi Development Corp. (Nasdaq : DFDV), une société axée sur l’accumulation et le capitalisation de Solana (SOL), a annoncé une expansion significative de son programme de rachat d’actions passant de 1 million de dollars à 100 millions de dollars de ses actions ordinaires.
Le rachat sera effectué sur le marché libre conformément à la règle 10b-18, avec un seuil initial de 10 millions de dollars nécessitant l’approbation du conseil pour des achats supplémentaires. La direction déterminera le moment, le mode et le montant des rachats en fonction des conditions du marché, les actions rachetées étant soit annulées, soit conservées comme actions propres.
DeFi Development Corp. (Nasdaq: DFDV), ein Unternehmen, das sich auf das Ansammeln und Reinvestieren von Solana (SOL) konzentriert, hat eine bedeutende Erweiterung seines Aktienrückkaufprogramms von 1 Million auf 100 Millionen Dollar seiner Stammaktien angekündigt.
Der Rückkauf wird am offenen Markt gemäß der Rule 10b-18 durchgeführt, mit einer anfänglichen Schwelle von 10 Millionen Dollar, die die Zustimmung des Vorstands für weitere Käufe erfordert. Die Geschäftsführung wird Zeitpunkt, Methode und Höhe der Rückkäufe basierend auf den Marktbedingungen festlegen, wobei die zurückgekauften Aktien entweder eingezogen oder als Treasury-Aktien gehalten werden.
DeFi Development Corp. (ناسداك: DFDV)، شركة تركز على تراكم وفائدة Solana (SOL)، أعلنت عن توسيع كبير لبرنامج إعادة شراء أسهمها من 1 مليون دولار إلى 100 مليون دولار من أسهمها العادية.
سيتم تنفيذ إعادة الشراء في السوق المفتوح وفقاً للوائح Rule 10b-18، مع عتبة ابتدائية قدرها 10 ملايين دولار تتطلب موافقة المجلس على المشتريات الإضافية. ستحدد الإدارة توقيت وسبيل وكمية عمليات إعادة الشراء بناءً على ظروف السوق، مع كون الأسهم المعاد شراؤها إما ملغاة أو محتفظ بها كأسهم الخزينة.
DeFi Development Corp.(纳斯达克股票代码:DFDV),一家专注于累积并以复利方式增值 Solana(SOL)的公司,宣布将其股票回购计划从 $1 百万美元 扩大至 $1 亿美元 的普通股。
回购将依据 Rule 10b-18 在公开市场执行,初始门槛为 $1000 万 美元,需董事会批准后方可增加购买。管理层将根据市场条件决定回购的时机、方式和数量,回购的股票将被注销或以库藏股形式持有。
Positive
- Significant increase in buyback authorization from $1M to $100M shows strong confidence in company value
- Flexible repurchase structure allows management to optimize timing and pricing
- Program can enhance shareholder value through reduced share count
Negative
- Initial $10M threshold limits immediate large-scale repurchases
- No guarantee on the timing or execution of the full buyback amount
- Program may divert cash from other potential growth opportunities
BOCA RATON, FL, Sept. 24, 2025 (GLOBE NEWSWIRE) — DeFi Development Corp. (Nasdaq: DFDV) (the “Company”) the first public company with a treasury strategy built to accumulate and compound Solana (“SOL”), today announced that its Board of Directors has approved an increase to the Company’s existing stock repurchase program. The authorization has been expanded from
The repurchase program authorizes the Company to buy back shares of its common stock from time to time on the open market in accordance with Rule 10b-18 of the Securities Exchange Act of 1934 and other applicable laws and regulations. Repurchases may be made at management’s discretion, subject to market conditions and corporate and regulatory requirements.
The Company noted that the repurchase authorization provides flexibility to repurchase up to
The timing, method, and amount of any repurchases will be determined by management based on its evaluation of market conditions and other factors. The repurchase program does not obligate the Company to acquire any particular amount of common stock, and it may be modified, suspended, or discontinued at any time.
About DeFi Development Corp.
DeFi Development Corp. (Nasdaq: DFDV) has adopted a treasury policy under which the principal holding in its treasury reserve is allocated to SOL. Through this strategy, the Company provides investors with direct economic exposure to SOL, while also actively participating in the growth of the Solana ecosystem. In addition to holding and staking SOL, DeFi Development Corp. operates its own validator infrastructure, generating staking rewards and fees from delegated stake. The Company is also engaged across decentralized finance (“DeFi”) opportunities and continues to explore innovative ways to support and benefit from Solana’s expanding application layer.
The Company is an AI-powered online platform that connects the commercial real estate industry by providing data and software subscriptions, as well as value-add services, to multifamily and commercial property professionals, as the Company connects the increasingly complex ecosystem that stakeholders have to manage.
The Company currently serves more than one million web users annually, including multifamily and commercial property owners and developers applying for billions of dollars of debt financing per year, professional service providers, and thousands of multifamily and commercial property lenders, including more than
Forward-Looking Statements
This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: “anticipate,” “intend,” “plan,” “believe,” “project,” “estimate,” “expect,” strategy,” “future,” “likely,” “may,”, “should,” “will” and similar references to future periods. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: (i) fluctuations in the market price of SOL and any associated impairment charges that the Company may incur as a result of a decrease in the market price of SOL below the value at which the Company’s SOL are carried on its balance sheet; (ii) the effect of and uncertainties related to the ongoing volatility in interest rates; (iii) our ability to achieve and maintain profitability in the future; (iv) the impact on our business of the regulatory environment and complexities with compliance related to such environment including changes in securities laws or other laws or regulations; (v) changes in the accounting treatment relating to the Company’s SOL holdings; (vi) our ability to respond to general economic conditions; (vii) our ability to manage our growth effectively and our expectations regarding the development and expansion of our business; (viii) our ability to access sources of capital, including debt financing and other sources of capital to finance operations and growth and (ix) other risks and uncertainties more fully in the section captioned “Risk Factors” in the Company’s most recent Annual Report on Form 10-K and other reports we file with the SEC. As a result of these matters, changes in facts, assumptions not being realized or other circumstances, the Company’s actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.
Investor Contact:
ir@defidevcorp.com
Media Contact:
press@defidevcorp.com
FAQ
What is the size of DFDV’s new share buyback program?
DeFi Development Corp. has authorized a share buyback program of up to $100 million, increased from the previous $1 million authorization.
How will DFDV implement its $100M share repurchase program?
The company will execute the buyback on the open market under Rule 10b-18, with an initial $10 million threshold requiring board approval for additional purchases. Management will determine timing and amounts based on market conditions.
What happens to DFDV shares purchased under the buyback program?
Repurchased shares will either be retired and returned to the status of authorized but unissued shares or held as treasury stock.
Is DFDV required to complete the entire $100M share repurchase?
No, the program does not obligate the company to acquire any particular amount of common stock and can be modified, suspended, or discontinued at any time.
What is DeFi Development Corp.’s main business focus?
DeFi Development Corp. is the first public company with a treasury strategy built to accumulate and compound Solana (SOL).
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