DeFi Dev Corp authorizes CHAD preferred stock repurchase program covering up to all shares outstanding

Bitget2026/10/06 12:07

Board authorized a repurchase program for Variable Rate Series C Perpetual Preferred Stock (CHAD), covering up to all shares outstanding from time to time. Authorization extends to any CHAD issued in the future, giving ongoing flexibility as the preferred stock program scales. Repurchases may be executed through open-market purchases or privately negotiated transactions, subject to securities-law limits. Program has no fixed expiration date, leaves timing and pricing to management discretion, no current plan to repurchase before CHAD reaches USD 10.00 par. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DeFi Development Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610060800PRIMZONEFULLFEED9839886) on October 06, 2026, and is solely responsible for the information contained therein.

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