secwatch.observer — SEC 8-K summary
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Issuer:     DigitalBridge Group, Inc. (DBRG)
CIK:        0001679688
Form:       8-K
Filed at:   2022-07-05T23:59:59+00:00
Accession:  0001679688-22-000085
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1679688/000167968822000085/0001679688-22-000085-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1679688/000167968822000085/dbrg-20220705.htm
  HTML page:      https://secwatch.observer/filing/0001679688-22-000085

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer