Hut 8 Corp.
For the period ended Nov 4, 2026. Filed Nov 4, 2026.
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Nov 4, 2026 · Filed Nov 4, 2026
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EX-99.1 · Stock Repurchase Program
Stock Repurchase Program
On December 4, 2024, as part of its capital management strategy, the Company launched a $250.0 million stock repurchase program (the “Stock Repurchase Program”) with respect to its common stock, par value $0.01 per share (the “Common Stock”) with no expiration date. On November 2, 2026, the Company’s board of directors approved an additional $750.0 million under the Stock Repurchase Program, increasing the total authorization to $1.0 billion. All other terms of the program remain unchanged.
Under applicable Canadian securities regulations, the number of shares that the Company can repurchase at any time may not exceed 5.0% of the Company’s issued and outstanding Common Stock during the preceding 12 month period. As of November 2, 2026, the maximum number of shares of Common Stock available to repurchase under this limit (before reducing for any prior repurchases within 12 months) is 6,001,877. The Company expects that any repurchases will be made through the facilities of Nasdaq at prevailing market prices, in accordance with applicable securities laws.
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