
Nebius Group NV (NASDAQ:NBIS) just pulled a page out of the playbook of market disruptors—slashing its share count while doubling down on AI ambitions.
The company announced it will cancel 40 million treasury shares and authorize a buyback of up to 20% of its Class A shares. On the surface, it looks like routine capital management. In reality, it's a bold declaration: Nebius is turning its stock into a limited edition, tightening supply just as demand for AI-driven names is heating up.