Galaxy Receives TSX Approval for Stock Buyback Program
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 54m ago
0mins
Should l Buy GLXY?
Source: Newsfilter
- Buyback Program Scale: Galaxy Digital has announced a $200 million stock buyback program approved by its Board of Directors, set to be implemented from February 12, 2026, to February 11, 2027, aimed at enhancing shareholder value and optimizing capital structure.
- Stock Quantity for Repurchase: Under the plan, Galaxy intends to repurchase up to 14,798,021 Class A common shares through TSX and other trading systems, representing approximately 10% of the public float as of January 31, 2026, reflecting the company's confidence in current market conditions.
- Daily Buyback Limit: During the buyback, Galaxy can acquire a maximum of 284,225 Class A common shares per day, which is 25% of the average daily trading volume over the past six months, ensuring that the buyback activity does not significantly impact the market.
- Market Reaction Expectations: Galaxy believes that current market conditions provide opportunities to repurchase shares at attractive prices, and this move is expected to enhance liquidity and increase the proportionate interests of shareholders, thereby attracting more investor attention to the company's long-term growth potential.
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Analyst Views on GLXY
Wall Street analysts forecast GLXY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GLXY is 45.89 USD with a low forecast of 26.00 USD and a high forecast of 60.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
10 Buy
1 Hold
0 Sell
Strong Buy
Current: 19.760
Low
26.00
Averages
45.89
High
60.00
Current: 19.760
Low
26.00
Averages
45.89
High
60.00
About GLXY
Galaxy Digital Inc. is engaged in the business of digital assets and data center infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence (AI). The Company's digital assets platform offers institutional access to trading, advisory, asset management, staking, self-custody, and tokenization technology. In addition, it develops and operates data center infrastructure to power AI and high-performance computing workloads. The Company's segments include Digital Assets, Data Centers, and Treasury and Corporate. Its Digital Assets operating business segment provides new products and capabilities such as staking, margin-based financing and active exchange-traded funds. The Data Centers segment comprises the Helios infrastructure assets. Its Data Centers segment develops and operates High Performance Computing (HPC) infrastructure to meet the growing demand for large-scale, power-ready facilities in the AI/HPC industry.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Galaxy Digital Receives Approval from Toronto Stock Exchange
- Exchange Approval: Galaxy Digital announced late Monday that its notice of intent submitted to the Toronto Stock Exchange has been accepted, marking a significant step in the company's capital market development.
- Market Reaction: This approval is likely to boost investor confidence in Galaxy Digital, potentially leading to a positive impact on its stock price, especially amid the volatility in the cryptocurrency market.
- Strategic Implications: Gaining recognition from the exchange will provide Galaxy Digital with additional financing avenues, enhancing its competitiveness in the digital asset space and possibly attracting more institutional investors.
- Future Outlook: With its listing on the Toronto Stock Exchange, Galaxy Digital is poised to leverage this platform to expand its market influence and drive sustained business growth.
See More
Galaxy Receives TSX Approval for Stock Buyback Program
- Buyback Program Scale: Galaxy Digital has announced a $200 million stock buyback program approved by its Board of Directors, set to be implemented from February 12, 2026, to February 11, 2027, aimed at enhancing shareholder value and optimizing capital structure.
- Stock Quantity for Repurchase: Under the plan, Galaxy intends to repurchase up to 14,798,021 Class A common shares through TSX and other trading systems, representing approximately 10% of the public float as of January 31, 2026, reflecting the company's confidence in current market conditions.
- Daily Buyback Limit: During the buyback, Galaxy can acquire a maximum of 284,225 Class A common shares per day, which is 25% of the average daily trading volume over the past six months, ensuring that the buyback activity does not significantly impact the market.
- Market Reaction Expectations: Galaxy believes that current market conditions provide opportunities to repurchase shares at attractive prices, and this move is expected to enhance liquidity and increase the proportionate interests of shareholders, thereby attracting more investor attention to the company's long-term growth potential.
See More
Galaxy Receives TSX Approval for Stock Buyback Program
- Buyback Program Scale: Galaxy Digital has announced a $200 million stock repurchase program approved by its board, set to run from February 12, 2026, to February 11, 2027, indicating the company's commitment to enhancing shareholder value.
- Stock Quantity for Repurchase: Under this program, Galaxy plans to repurchase up to 14,798,021 Class A common shares, representing approximately 10% of the public float as of January 31, 2026, which is expected to improve earnings per share and increase shareholder stakes.
- Market Operation Strategy: The company intends to conduct repurchases on Nasdaq and TSX, with a daily limit of 284,225 shares, ensuring advantageous pricing under favorable market conditions to enhance liquidity.
- Enhancing Shareholder Benefits: Galaxy believes that repurchasing shares can effectively utilize cash resources, enhance overall shareholder interests, and bolster investor confidence and returns when discrepancies exist between market price and intrinsic value.
See More
GLXY Options Contract Analysis and Investment Opportunities
- Put Option Appeal: The current bid for the $18.50 put option is $2.00, and if an investor sells this contract, they commit to buying the stock at $18.50, effectively lowering their cost basis to $16.50, which represents an approximate 11% discount to the current price of $20.73, making it attractive for those interested in GLXY.
- Yield Potential Analysis: Should the put option expire worthless, it would yield a 10.81% return on the cash commitment, equating to an annualized yield of 85.86%, highlighting the high return potential of this investment strategy, with Stock Options Channel tracking these metrics over time.
- Call Option Returns: The $21.00 call option has a current bid of $1.95, and if an investor buys GLXY shares at $20.73 and sells this contract, they could achieve a total return of 10.71% if the stock is called away at expiration, although they may miss out on further upside potential.
- Risk-Reward Trade-off: The $21.00 call option has a 49% chance of expiring worthless, in which case the investor retains both the shares and the premium collected, with an additional return potential of 9.41%, annualized at 74.71%, allowing investors to effectively balance risk and reward.
See More
US Stocks Surge, Dow Hits All-Time High
- Dow Hits Record High: The Dow Jones Industrial Average surged 2.47% to reach an all-time high, reflecting market optimism about economic recovery, particularly amid strong rebounds in tech and chipmaker stocks.
- Consumer Confidence Rises: The University of Michigan's consumer sentiment index unexpectedly increased to 57.3, surpassing expectations of 55.0, indicating enhanced consumer confidence that could drive future spending.
- Bitcoin Rebounds: Bitcoin surged over 11% from a 1.25-year low, lifting cryptocurrency-exposed stocks and signaling renewed investor interest and confidence in crypto assets.
- Strong Corporate Earnings: Over 79% of S&P 500 companies exceeded earnings expectations, with S&P earnings growth projected at 8.4% for Q4, providing robust support for the market and indicating ongoing improvement in corporate profitability.
See More
Galaxy Digital Director Increases Shareholding
- Share Acquisition: Galaxy Digital Director Douglas R. Deason purchased 25,000 shares of GLXY at $20.80 each on Wednesday, totaling an investment of $519,950, indicating confidence in the company's future prospects.
- Market Performance: Despite Deason's purchase price being above the current market price of $18.90, GLXY surged 19.2% on Friday, reflecting a positive market sentiment towards the stock.
- Historical Purchase Record: Over the past twelve months, Deason has made two additional purchases of GLXY, totaling over $1.03 million at an average price of $30.23 per share, demonstrating his belief in the company's long-term value.
- California BanCorp Investment: On the same day, David J. Volk bought 27,000 shares of California BanCorp at $18.64 each for a total of $503,280, with the stock currently up 1.6%, indicating potential short-term gains from this investment.
See More
Galaxy Digital Receives Approval from Toronto Stock Exchange
- Exchange Approval: Galaxy Digital announced late Monday that its notice of intent submitted to the Toronto Stock Exchange has been accepted, marking a significant step in the company's capital market development.
- Market Reaction: This approval is likely to boost investor confidence in Galaxy Digital, potentially leading to a positive impact on its stock price, especially amid the volatility in the cryptocurrency market.
- Strategic Implications: Gaining recognition from the exchange will provide Galaxy Digital with additional financing avenues, enhancing its competitiveness in the digital asset space and possibly attracting more institutional investors.
- Future Outlook: With its listing on the Toronto Stock Exchange, Galaxy Digital is poised to leverage this platform to expand its market influence and drive sustained business growth.
See More
Galaxy Receives TSX Approval for Stock Buyback Program
- Buyback Program Scale: Galaxy Digital has announced a $200 million stock buyback program approved by its Board of Directors, set to be implemented from February 12, 2026, to February 11, 2027, aimed at enhancing shareholder value and optimizing capital structure.
- Stock Quantity for Repurchase: Under the plan, Galaxy intends to repurchase up to 14,798,021 Class A common shares through TSX and other trading systems, representing approximately 10% of the public float as of January 31, 2026, reflecting the company's confidence in current market conditions.
- Daily Buyback Limit: During the buyback, Galaxy can acquire a maximum of 284,225 Class A common shares per day, which is 25% of the average daily trading volume over the past six months, ensuring that the buyback activity does not significantly impact the market.
- Market Reaction Expectations: Galaxy believes that current market conditions provide opportunities to repurchase shares at attractive prices, and this move is expected to enhance liquidity and increase the proportionate interests of shareholders, thereby attracting more investor attention to the company's long-term growth potential.
See More
Galaxy Receives TSX Approval for Stock Buyback Program
- Buyback Program Scale: Galaxy Digital has announced a $200 million stock repurchase program approved by its board, set to run from February 12, 2026, to February 11, 2027, indicating the company's commitment to enhancing shareholder value.
- Stock Quantity for Repurchase: Under this program, Galaxy plans to repurchase up to 14,798,021 Class A common shares, representing approximately 10% of the public float as of January 31, 2026, which is expected to improve earnings per share and increase shareholder stakes.
- Market Operation Strategy: The company intends to conduct repurchases on Nasdaq and TSX, with a daily limit of 284,225 shares, ensuring advantageous pricing under favorable market conditions to enhance liquidity.
- Enhancing Shareholder Benefits: Galaxy believes that repurchasing shares can effectively utilize cash resources, enhance overall shareholder interests, and bolster investor confidence and returns when discrepancies exist between market price and intrinsic value.
See More
GLXY Options Contract Analysis and Investment Opportunities
- Put Option Appeal: The current bid for the $18.50 put option is $2.00, and if an investor sells this contract, they commit to buying the stock at $18.50, effectively lowering their cost basis to $16.50, which represents an approximate 11% discount to the current price of $20.73, making it attractive for those interested in GLXY.
- Yield Potential Analysis: Should the put option expire worthless, it would yield a 10.81% return on the cash commitment, equating to an annualized yield of 85.86%, highlighting the high return potential of this investment strategy, with Stock Options Channel tracking these metrics over time.
- Call Option Returns: The $21.00 call option has a current bid of $1.95, and if an investor buys GLXY shares at $20.73 and sells this contract, they could achieve a total return of 10.71% if the stock is called away at expiration, although they may miss out on further upside potential.
- Risk-Reward Trade-off: The $21.00 call option has a 49% chance of expiring worthless, in which case the investor retains both the shares and the premium collected, with an additional return potential of 9.41%, annualized at 74.71%, allowing investors to effectively balance risk and reward.
See More
US Stocks Surge, Dow Hits All-Time High
- Dow Hits Record High: The Dow Jones Industrial Average surged 2.47% to reach an all-time high, reflecting market optimism about economic recovery, particularly amid strong rebounds in tech and chipmaker stocks.
- Consumer Confidence Rises: The University of Michigan's consumer sentiment index unexpectedly increased to 57.3, surpassing expectations of 55.0, indicating enhanced consumer confidence that could drive future spending.
- Bitcoin Rebounds: Bitcoin surged over 11% from a 1.25-year low, lifting cryptocurrency-exposed stocks and signaling renewed investor interest and confidence in crypto assets.
- Strong Corporate Earnings: Over 79% of S&P 500 companies exceeded earnings expectations, with S&P earnings growth projected at 8.4% for Q4, providing robust support for the market and indicating ongoing improvement in corporate profitability.
See More
Galaxy Digital Director Increases Shareholding
- Share Acquisition: Galaxy Digital Director Douglas R. Deason purchased 25,000 shares of GLXY at $20.80 each on Wednesday, totaling an investment of $519,950, indicating confidence in the company's future prospects.
- Market Performance: Despite Deason's purchase price being above the current market price of $18.90, GLXY surged 19.2% on Friday, reflecting a positive market sentiment towards the stock.
- Historical Purchase Record: Over the past twelve months, Deason has made two additional purchases of GLXY, totaling over $1.03 million at an average price of $30.23 per share, demonstrating his belief in the company's long-term value.
- California BanCorp Investment: On the same day, David J. Volk bought 27,000 shares of California BanCorp at $18.64 each for a total of $503,280, with the stock currently up 1.6%, indicating potential short-term gains from this investment.
See More
