Galaxy Digital (GLXY) said late Monday the Toronto Stock Exchange has accepted its notice of intention to make a normal course issuer bid tied to the share repurchase program of up to $200 million approved by Galaxy's board on Feb. 6.

According to the notice, Galaxy may purchase for cancellation through the facilities of the TSX up to an aggregate of about 14.8 million Class A common stock during the twelve month period starting Feb. 12, 2026 to Feb. 11, 2027, the company said.

Purchases of the Class A common stock through the Nasdaq will be made in the normal course and will not surpass 5% of the outstanding Class A common stock at any time or within a twelve-month period, the company added.

The company said it has not purchased Class A common stock under a NCIB within the past twelve months.

The NCIB will commence on Feb. 12, 2026 and terminate on Feb. 11, 2027, or earlier if the maximum number of Class A common stock under the NCIB has been bought or if Galaxy terminates the NCIB.