Earnings call briefThird-quarter 2026
Trump Media & Technology Group expects 600 million fully diluted shares after TAE merger
Its $400 million repurchase authorization has $40 million previously used, and no repurchases were completed in the third quarter.
GetSignal
Free on iOS and Android
On the third-quarter call, Chief Financial Officer Phillip Juhan said the combined company's share count would be about 600 million fully diluted once the TAE merger closes, from about 300 million shares outstanding.
Interim Chief Executive Officer Kevin McGurn said the company's current thinking is to use a mix of cash and credit to repay the notes, and that it is not inclined to issue any additional equity.
Quotes from the call
“...the combined company share count will be approximately double the current float.”
Key facts from the call
- Share repurchase authorization
- Approved $400 million, with $40 million previously used; no repurchases completed in the third quarter
- Expected combined share count
- Approximately 600 million on a fully diluted basis, once the TAE merger closes
Source: Trump Media & Technology Group's third-quarter 2026 earnings call, November 9, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
More earnings call briefs
The newest- HIVE Digital Technologies says newer GPU cloud deals target about 80% EBITDA
HIVE · HIVE Digital Technologies · Fiscal Q2 2027 call ·