Neptune Digital Assets Corp. announced it will renew its share buyback program, authorizing the repurchase of up to 11,352,259 common shares for cancellation. The program, set to commence on August 31, 2026, and run through August 30, 2027, covers up to 10% of the company’s public float as of August 25, 2026.
The Vancouver-based blockchain company, listed on the TSX Venture Exchange (TSXV:NDA), OTCQB (NPPTF), and Frankfurt Stock Exchange (FSE:1NW), will execute purchases through the TSX Venture Exchange or alternative trading systems. Funding will come from available cash and working capital, with transactions subject to regulatory pricing rules. All repurchased shares will be cancelled.
Neptune Digital Assets stated the program aims to address perceived undervaluation of its shares while optimizing capital deployment. The company noted no insiders currently intend to sell shares under the initiative, though personal circumstances may alter this stance. The prior buyback program, which expired on April 4, 2026, resulted in the repurchase of 276,500 common shares.
Neptune Digital Assets operates as a publicly traded blockchain firm in Canada, focusing on proof-of-stake mining, blockchain node operations, and decentralized finance initiatives.
