AVAX One announces approval of a $40 million stock buyback program
AVAX One Technology Ltd. (Nasdaq stock code: AVX) its board of directors (the "Board") has approved a share repurchase plan of up to $40 million in the company's common stock. The Board will regularly review the company's repurchase plan and may decide to extend the repurchase period or increase the authorized amount.
The repurchase plan lasts for one year, and the company may repurchase shares from time to time through open market transactions or other methods permitted by applicable securities laws and regulations. The timing and quantity of repurchases will depend on market conditions, regulatory requirements, capital allocation plans, and other company factors. The company is under no obligation to repurchase any specific number of shares, and the plan may be suspended or terminated at any time.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Dogecoin Latest Updates: Crypto ETF Boom Begins with 21Shares Launching Enhanced Dogecoin Exposure
- 21Shares launches leveraged Dogecoin ETF, doubling daily returns, following its FalconX merger to expand institutional crypto access. - The product joins a surge of U.S. altcoin ETFs like Grayscale's Dogecoin Trust, signaling growing institutional confidence in crypto assets. - FalconX's $8B-asset acquisition of 21Shares combines trading infrastructure with ETP innovation, aiming to accelerate digital asset adoption globally. - Analysts highlight leveraged ETFs' appeal to sophisticated investors despite
Bitcoin News Update: Whale's $28.7 Million Profit Highlights Leverage Issues in Crypto
- A crypto whale earned $28.7M via a 20x leveraged short as Bitcoin fell 29% from $126K to $90K. - Market turmoil saw $2.9B ETF outflows and $19B in liquidations during October's "black Friday" volatility. - Leveraged trading amplified Bitcoin's decline, erasing $1.2T in value through cascading margin calls. - Institutional leverage via derivatives and $74B in crypto loans deepened systemic risks during the selloff. - Analysts warn of ongoing liquidation risks as Bitcoin nears $91K with whale selling inten
Bitcoin Updates: The HODL Barrier Faces a Crucial Moment—Bitcoin’s $95,000 Challenge May Determine the Path Toward $85,000
- Bitcoin's drop below $100,000 tests the $95,000 HODL wall, where 65% of invested USD remains concentrated. - Sharp sell-offs ($655M liquidations) and ETF outflows ($961M since Nov) expose fragile market structure. - STHs hold 30% of LTH supply above $95,000, with 80% of recent sales at a loss as profit-loss ratios fall below 0.21. - A break below $95,000 could trigger a path to $85,000, contrasting with 2022's sharper $45K-to-$36K collapse. - LTH resolve determines whether the HODL wall stabilizes or acc
Internet Computer (ICP) Price Soars: An In-Depth Look at the Forces Driving the Surge
- Internet Computer (ICP) surged over 6% in 2025, driven by institutional partnerships, infrastructure upgrades, and speculative trading. - TVL hit $237B via DeFi growth, while Fission/Chain Fusion upgrades boosted scalability and cross-chain interoperability with Bitcoin/Ethereum. - November 2025 saw 261% transaction volume spike, but DApp engagement fell 22.4%, highlighting adoption gaps despite technical progress. - Speculative fervor and AI platform Caffeine's launch fueled momentum, though security ri
Trending news
MoreCrypto prices
More
