AVAX One Announces Authorization of $40 Million Share Repurchase Program
Rhea-AI Summary
AVAX One (Nasdaq: AVX) on November 20, 2025 announced a Board-authorized share repurchase program of up to $40 million. The program has a one-year term and allows repurchases via open-market purchases or other legally permitted means.
The Board will periodically review the program and may extend or increase the authorization. The company said it expects to begin open-market repurchases soon but is not obligated to buy any specific number of shares; repurchases may be suspended or discontinued and will depend on market, regulatory and capital-allocation considerations.
Positive
- $40 million Board-authorized repurchase program
- Repurchase program one-year term
- Company plans open-market purchases and expects to begin soon
Negative
- No obligation to repurchase any specific number of shares
- Repurchases may be suspended or discontinued at any time
- Timing and amount depend on market and regulatory conditions
News Market Reaction – AVX
On the day this news was published, AVX gained 10.00%, reflecting a significant positive market reaction. Argus tracked a peak move of +15.0% during that session. Argus tracked a trough of -3.1% from its starting point during tracking. Our momentum scanner triggered 13 alerts that day, indicating notable trading interest and price volatility. This price movement added approximately $16M to the company's valuation, bringing the market cap to $171M at that time.
Data tracked by StockTitan Argus on the day of publication.
"This new share repurchase program reflects the Company's conviction in our long-term strategy and the value we are creating for stockholders," said Jolie Kahn, Chief Executive Officer of AVAX One. "At current levels, we see repurchasing our stock as a compelling use of capital that delivers meaningful returns and underscores the strength of the business. As responsible stewards of shareholder capital, we are focused on directing resources toward the opportunities we believe offer the greatest potential for value creation — and in today's market, that includes investing in ourselves. We expect to hit the open market soon and will continue to assess additional repurchases as conditions warrant."
Repurchases under the program, which has a one year term, may be made from time to time through open market purchases or other means permitted under applicable securities laws and regulations. The timing and amount of repurchases under the program will depend on market conditions, regulatory requirements, capital allocation alternatives, and other corporate considerations. The Company is not obligated to repurchase any specific number of shares, and the program may be suspended or discontinued at any time.
About AVAX One Technology Ltd.
AVAX One Technology Ltd. (Nasdaq: AVX) is a public company offering investors regulated access to the Avalanche (AVAX) ecosystem. By integrating the reliability of
Forward Looking Statements
This press release includes forward-looking statements within the meaning of Section 27A of the Act, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally can be identified by the use of words such as "anticipate," "expect," "plan," "could," "may," "will," "believe," "estimate," "forecast," "goal," "project," and other words of similar meaning. These forward-looking statements address various matters including statements relating to the anticipated benefits and timing of the completion of the proposed offering and related transactions, the intended use of proceeds from the PIPE offering, expectations regarding future capital raising activity, the assets to be held by the Company, expectations regarding adoption of the Avalanche network, the expected future market, price and liquidity of the digital assets the Company acquires, the macro and political conditions surrounding digital assets, the Company's plan for value creation and strategic advantages, market size and growth opportunities, regulatory conditions, competitive position and the interest of other entities in similar business strategies, technological and market trends, future financial condition and performance, the expected financial impacts of the proposed transactions described herein, and the timing of the closing of the PIPE offering. Each forward-looking statement contained in this press release is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. Applicable risks and uncertainties include, among others, the proposed transactions described herein may not be completed in a timely manner or at all; failure to realize the anticipated benefits of the transactions and the proposed AVAX strategy; changes in business, market, financial, political and regulatory conditions; risks relating to the Company's operations and business, including the highly volatile nature of the price of AVAX and other cryptocurrencies; the risk that the price of the Company's securities may be highly correlated to the price of the digital assets that it holds; risks related to increased competition in the industries and markets in which the Company does and will operate (including the applicable digital assets market); risks relating to significant legal, commercial, regulatory and technical uncertainty regarding digital assets generally; risks relating to the treatment of crypto assets for
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SOURCE AVAX One Technology Ltd
FAQ
What did AVAX announce on November 20, 2025 regarding share repurchases?
How will AVAX execute the $40 million repurchase program (AVX)?
When will AVAX (AVX) start buying back shares under the program?
Does the $40 million repurchase program (AVX) guarantee a set number of shares will be bought?
Can AVAX (AVX) extend or increase the $40 million buyback authorization?
