DigitalBridge announces $200M share repurchase program and 1-for-4 reverse stock split

DigitalBridge Group, Inc.

Board authorized $200M to repurchase common and preferred shares, effective immediately.
Reverse stock split at 1:4 ratio expected in Q3 2022; effective date to be announced later.
CEO cites confidence in digital infrastructure portfolio and value creation for long-term shareholders.
Repurchases may be made via open market, block trades, accelerated repurchases, or 10b5-1 plans.
Program is flexible and does not obligate the company to buy any specific amount of shares.

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