# Host Digital Shares Jump 47.4% but Remain 64.6% Below September Close By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/37283 Published: 2026-10-22T01:28:31.000Z Updated: 2026-10-22T01:28:31.000Z Section: Investing > The board approved up to $15 million in share repurchases on Oct. 19. Host Digital says it will wait for an open trading window before starting purchases. Host Digital Inc. shares closed at $2.83 on Oct. 20, up 47.4% from the previous close of $1.92 but still 64.6% below their Sept. 24 close of $8. The one-session gain reversed part of the decline from late September without returning the stock to that earlier level. HOST opened at $2.23 and traded between $1.87 and $2.88. Trading volume was about 6 million shares. The company announced the authorization at 8:15 a.m. ET (12:15 UTC) on Oct. 20, before regular-session trading. The announcement concerned the company's [share repurchase authorization](). Host Digital's board approved the program on Oct. 19, a day before the announcement. It authorizes purchases of up to $15 million in Class A stock through Oct. 19, 2027. The company can modify, suspend or discontinue the program, and is not required to buy a specific number of shares. Host Digital plans to wait for an open trading window before buying shares or setting up a Rule 10b5-1 plan. Host Digital Chairman Shawn Matthews said the company would weigh any repurchases against its project commitments and other uses of capital. “We will weigh any repurchases against our project commitments and other uses of capital,” Matthews said. Any purchase decision will take account of the company's liquidity, cash flow, project costs and market conditions. CEO Harmol Samra said, “Our top priority remains financing, developing, and delivering our contracted projects.” Host Digital develops, owns and operates U.S. data centers for artificial intelligence and high-performance computing. Its Site I project in northeast Oklahoma has 55 megawatts of gross power and 43 MW of critical IT load. A 15-year take-or-pay lease represents about $1.25 billion in base-term revenue, with rent increasing 3% annually. Delivery is targeted for the first quarter of 2027. ## Links in this article - [share repurchase authorization](https://www.tokenpost.com/news/business/36007)