AVAX One Announces Update on Share Repurchase Program
AVAX One repurchased 85,724 common shares between June 30 and September 1, 2026, at an average price of $4.28 per share including all fees, under its previously authorized $40 million buyback program. Cumulative repurchases now total 488,261 split-adjusted shares since November 2025, with approximately $35.5 million still available under the authorization. Interim CEO and COO Pete Wylie framed the repurchases as a signal of confidence in the company's long-term strategy, saying it will stay opportunistic when shares trade below perceived intrinsic value to enhance NAV per share.
Key figures
- Reverse split ratio
- one-for-twelve (effected June 15, 2026)
- Avg repurchase price usd
- 4.28
- Remaining authorization usd
- 35500000
- Repurchase program size usd
- 40000000
- Shares repurchased q3 to date
- 85724
- Total shares repurchased since nov 2025
- 488261
AI analysis
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