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DigitalOcean Plans Registered Direct Offering Of Common Shares; To Use Proceeds To Repurchase Up To $500M Of Its 0.00% Convertible Senior Notes Due 2030

Jul 15, 2026, 11:10 AMBenzinga Newsdesk

The repurchases will be funded by the Registered Direct Offering of DigitalOcean’s common stock.The transaction is expected to reduce net leverage with minimal change in cash or shares outstanding.Repurchased notes will

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Source: benzinga
Observed: Jul 15, 2026, 11:10 AM
Checked: Jul 15, 2026, 11:10 AM
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DigitalOcean Plans Registered Direct Offering Of Common Shares; To Use Proceeds To Repurchase Up To $500M Of Its 0.00% Convertible Senior Notes Due 2030

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Related headlines

This Ascendis Pharma Analyst Begins Coverage On A Bullish Note; Here Are Top 3 Initiations For Thursday

DigitalOcean Holdings shares are trading higher after Truist Securities initiated coverage on the stock with a Buy rating and announced a $175 price target.

Truist Securities Initiates Coverage On DigitalOcean Holdings with Buy Rating, Announces Price Target of $175

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