---
schema_version: "secwatch.filing_event.v1"
accession: "0001582961-22-000027"
form_type: "8-K"
ticker: "DOCN"
cik: "0001582961"
company_name: "DigitalOcean Holdings, Inc."
filed_at: "2022-05-24T23:59:59+00:00"
generated_at: "2026-06-25T07:39:30.364709+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# DigitalOcean launches new $300M stock buyback program after completing prior $300M program

## Summary
- Board authorized up to $300M in share repurchases; program expires Dec 31, 2022.
- Prior $300M program completed May 2022; bought 4,351,641 shares at avg $34.47.
- CEO cites confidence in 30%+ revenue growth and robust free cash flow generation.
- Approximately 102.10 million shares outstanding as of May 23, 2022.

## SEC filing metadata
- accession: 0001582961-22-000027
- form_type: 8-K
- ticker: DOCN
- cik: 0001582961
- company_name: DigitalOcean Holdings, Inc.
- filed_at: 2022-05-24T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1582961/000158296122000027/0001582961-22-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1582961/000158296122000027/docn-20220523.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001582961-22-000027
- JSON: https://secwatch.observer/filing/0001582961-22-000027.json
- Plain text: https://secwatch.observer/filing/0001582961-22-000027.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.