Data Storage Corporation Buys Back 5,625,129 Shares at $5.20 Each for $29,250,970.80

Reuters
2026.01.15 21:05
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Data Storage Corporation has completed a buyback of 5,625,129 shares at $5.20 each, totaling approximately $29.25 million. This buyback accounts for about 72% of the company's outstanding shares as of December 8, 2025. Post-transaction, the company retains over $10 million in cash to support its growth and acquisition strategy.

Data Storage Corporation has completed a tender offer, buying back 5,625,129 shares of its common stock at a price of $5.20 per share, for an aggregate cost of approximately $29,250,971. The transaction represents about 72% of the company’s outstanding shares as of December 8, 2025. Following the buyback, Data Storage Corporation retains over $10 million in cash to support its ongoing growth and acquisition strategy. 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. Data Storage Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9626784-en) on January 15, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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