FG Nexus Announces $200 Million Share Repurchase Program
FG Nexus (Nasdaq: FGNX) has announced a significant $200 million share repurchase program approved by its Board of Directors. The open-ended program allows the company to repurchase shares through open market and negotiated transactions in accordance with Rule 10b-18 of the Exchange Act.
The company, which focuses on becoming the largest corporate holder of ETH (Ethereum) globally, will execute the buyback based on various factors including market conditions, financial performance, and other investment opportunities. The program can be suspended, modified, or discontinued at any time, with no obligation to repurchase a specific number of shares.
CEO Kyle Cerminara stated that the program demonstrates confidence in FG Nexus's long-term prospects and commitment to shareholder value. The company's business model centers on ETH yield generation through staking and restaking strategies.
FG Nexus (Nasdaq: FGNX) ha annunciato un programma di riacquisto di azioni da 200 milioni di dollari approvato dal Consiglio di Amministrazione. Il programma senza scadenza consente all’azienda di riacquistare azioni sul mercato aperto e tramite transazioni negoziate, in conformità con la Rule 10b-18 dell’Exchange Act.
L’azienda, che punta a diventare il maggiore detentore aziendale di ETH (Ethereum) a livello globale, eseguirà i buyback valutando diversi fattori come le condizioni di mercato, le performance finanziarie e altre opportunità di investimento. Il programma può essere sospeso, modificato o interrotto in qualsiasi momento e non impone l’obbligo di riacquistare un numero specifico di azioni.
Il CEO Kyle Cerminara ha dichiarato che il programma riflette fiducia nelle prospettive di lungo termine di FG Nexus e l’impegno verso la creazione di valore per gli azionisti. Il modello di business della società si basa sulla generazione di rendimento su ETH tramite strategie di staking e restaking.
FG Nexus (Nasdaq: FGNX) ha anunciado un programa de recompra de acciones de 200 millones de dólares aprobado por su Junta Directiva. El programa, sin fecha límite, permite a la compañía recomprar acciones en el mercado abierto y mediante transacciones negociadas conforme a la Rule 10b-18 del Exchange Act.
La compañía, que busca convertirse en el mayor tenedor corporativo de ETH (Ethereum) a nivel mundial, llevará a cabo la recompra considerando factores como las condiciones del mercado, el desempeño financiero y otras oportunidades de inversión. El programa puede ser suspendido, modificado o cancelado en cualquier momento y no obliga a recomprar una cantidad determinada de acciones.
El CEO Kyle Cerminara afirmó que el programa demuestra confianza en las perspectivas a largo plazo de FG Nexus y su compromiso con la creación de valor para los accionistas. El modelo de negocio se centra en generar rendimiento sobre ETH mediante estrategias de staking y restaking.
FG Nexus (Nasdaq: FGNX)는 이사회가 승인한 2억 달러 규모의 자사주 매입 프로그램을 발표했습니다. 기한이 정해지지 않은 이 프로그램은 Exchange Act의 Rule 10b-18에 따라 공개시장 및 협상 거래를 통해 주식을 매입할 수 있도록 합니다.
전 세계에서 가장 큰 기업 보유 ETH(이더리움) 보유자가 되는 것을 목표로 하는 회사는 시장 상황, 재무 실적, 기타 투자 기회 등 다양한 요소를 고려해 자사주 매입을 실행할 예정입니다. 프로그램은 언제든지 중단, 변경 또는 종료될 수 있으며 특정 수량의 주식을 반드시 매입할 의무는 없습니다.
CEO 카일 체르미나라(Kyle Cerminara)는 이 프로그램이 FG Nexus의 장기적 전망에 대한 자신감과 주주 가치에 대한 의지를 보여준다고 밝혔습니다. 회사의 비즈니스 모델은 스테이킹 및 리스테이킹 전략을 통한 ETH 수익 창출에 중점을 둡니다.
FG Nexus (Nasdaq: FGNX) a annoncé un programme de rachat d'actions de 200 millions de dollars approuvé par son conseil d'administration. Le programme, sans durée déterminée, permet à la société de racheter des actions sur le marché ouvert et via des transactions négociées, conformément à la Rule 10b-18 du Exchange Act.
La société, qui vise à devenir le plus grand détenteur d'ETH (Ethereum) au niveau corporate dans le monde, exécutera les rachats en fonction de divers facteurs, notamment les conditions du marché, les performances financières et d'autres opportunités d'investissement. Le programme peut être suspendu, modifié ou interrompu à tout moment et n'oblige pas la société à racheter un nombre précis d'actions.
Le PDG Kyle Cerminara a déclaré que ce programme témoigne de la confiance dans les perspectives à long terme de FG Nexus et de son engagement envers la création de valeur pour les actionnaires. Le modèle d'affaires de la société repose sur la génération de rendement sur l'ETH via des stratégies de staking et de restaking.
FG Nexus (Nasdaq: FGNX) hat ein vom Vorstand genehmigtes Aktienrückkaufprogramm in Höhe von 200 Millionen US-Dollar angekündigt. Das unbefristete Programm erlaubt dem Unternehmen, Aktien gemäß Rule 10b-18 des Exchange Act über den offenen Markt und durch verhandelte Transaktionen zurückzukaufen.
Das Unternehmen, das darauf abzielt, weltweit der größte Unternehmensinhaber von ETH (Ethereum) zu werden, wird die Rückkäufe unter Berücksichtigung verschiedener Faktoren wie Marktbedingungen, finanzielle Leistung und andere Investitionsmöglichkeiten durchführen. Das Programm kann jederzeit ausgesetzt, geändert oder eingestellt werden; es besteht keine Verpflichtung zum Rückkauf einer bestimmten Anzahl von Aktien.
CEO Kyle Cerminara erklärte, das Programm zeige Vertrauen in die langfristigen Aussichten von FG Nexus und das Engagement für den Aktionärswert. Das Geschäftsmodell des Unternehmens konzentriert sich auf die Erwirtschaftung von Erträgen aus ETH durch Staking- und Restaking-Strategien.
- Authorization of substantial $200 million share repurchase program demonstrates financial strength
- Program signals management's confidence in company's long-term prospects
- Flexible repurchase structure allows optimization based on market conditions
- Strategic focus on becoming largest corporate ETH holder provides unique market positioning
- Company faces significant ETH price volatility risks that could impact balance sheet
- Potential regulatory risks in cryptocurrency and online betting sectors
- Buyback program may reduce cash available for other strategic investments
- Crypto asset fair value accounting could lead to significant income statement fluctuations
Insights
FG Nexus's $200M buyback signals management confidence in its Ethereum-focused strategy despite no obligation to repurchase shares.
FG Nexus has announced a
The buyback structure follows standard Rule 10b-18 guidelines, allowing the company to repurchase shares without fixed timing commitments. CEO Kyle Cerminara frames this as a vote of confidence in the company's long-term prospects, though the press release explicitly notes that FG Nexus is under no obligation to repurchase any specific number of shares and can suspend or modify the program anytime based on market conditions or alternative investment opportunities.
This announcement should be viewed in context of FG Nexus's unique business model as a corporate Ethereum holder that aims to generate yield through staking activities. The company appears to be making a strategic capital allocation decision, choosing to return value to shareholders through potential share count reduction rather than solely expanding its ETH position. This suggests management believes the stock may be undervalued relative to its ETH holdings and future potential.
The flexible nature of the program provides a safety valve - if ETH prices significantly increase or more attractive investment opportunities emerge, management can easily pause buyback activities. Conversely, they can accelerate repurchases during periods of stock price weakness, potentially providing share price support. What's notable is the substantial size of the authorization relative to what appears to be a company primarily focused on holding and staking ETH rather than traditional business operations.
Charlotte, NC, Sept. 09, 2025 (GLOBE NEWSWIRE) -- FG Nexus Inc. (Nasdaq: FGNX, FGNXP) (the “Company”), today announced that its Board of Directors has approved a Share repurchase program to acquire up to
"The Share Repurchase Program reflects our confidence in FG Nexus's long-term prospects and our commitment to delivering value to shareholders" said Kyle Cerminara, CEO of FG Nexus.
The timing and amount of repurchases under the Share Repurchase Program will depend on a variety of factors, including market conditions, the Company's financial performance, and other investment opportunities. The Company is under no obligation to repurchase any specific number of shares, and the Share Repurchase Program may be suspended, modified, or discontinued at any time.
FG Nexus
FG Nexus Inc. (Nasdaq: FGNX, FGNXP), (the “Company”), is on the Ethereum Standard, and singularly focused on becoming the largest corporate holder of ETH in the world by an order of magnitude. In order to enhance our ETH YIELD, the Company will stake and restake, serving as a strategic gateway into Ethereum-powered finance, including tokenized RWAs and stablecoin yield.
The FGNX® logo is a registered trademark.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). These statements are therefore entitled to the protection of the safe harbor provisions of these laws. These statements may be identified by the use of forward-looking terminology such as “anticipate,” “believe,” “budget,” “can,” “contemplate,” “continue,” “could,” “envision,” “estimate,” “expect,” “evaluate,” “forecast,” “goal,” “guidance,” “indicate,” “intend,” “likely,” “may,” “might,” “outlook,” “plan,” “possibly,” “potential,” “predict,” “probable,” “probably,” “pro-forma,” “project,” “seek,” “should,” “target,” “view,” “will,” “would,” “will be,” “will continue,” “will likely result” or the negative thereof or other variations thereon or comparable terminology. In particular, discussions and statements regarding the Company’s future business plans and initiatives are forward-looking in nature. We have based these forward-looking statements on our current expectations, assumptions, estimates, and projections. While we believe these to be reasonable, such forward-looking statements are only predictions and involve a number of risks and uncertainties, many of which are beyond our control. These and other important factors may cause our actual results, performance, or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements and may impact our ability to implement and execute on our future business plans and initiatives. Management cautions that the forward-looking statements in this press release are not guarantees of future performance, and we cannot assume that such statements will be realized or the forward-looking events and circumstances will occur. Factors that might cause such a difference include, without limitation, fluctuations in the market price of ETH and any associated impairment charges that the Company may incur as a result of a decrease in the market price of ETH below the value at which the Company’s ETH are carried on its balance sheet, changes in the accounting treatment relating to the Company’s ETH holdings, the Company’s ability to achieve profitable operations, government regulation of cryptocurrencies and online betting, changes in securities laws or regulations such as accounting rules as discussed below, customer acceptance of new products and services including the Company’s ETH treasury strategy, general conditions in the global economy; risks associated with operating in the merchant banking and managed services industries, including inadequately priced insured risks and credit risk; risks of not being able to execute on our asset management strategy and potential loss of value of our holdings; risk of becoming an investment company; fluctuations in our short-term results as we implement our business strategies; risks of not being able to attract and retain qualified management and personnel to implement and execute on our business and growth strategy; failure of our information technology systems, data breaches and cyber-attacks; our ability to establish and maintain an effective system of internal controls; the requirements of being a public company and losing our status as a smaller reporting company or becoming an accelerated filer; any potential conflicts of interest between us and our controlling stockholders and different interests of controlling stockholders; and potential conflicts of interest between us and our directors and executive officers.
Our expectations and future plans and initiatives may not be realized. If one of these risks or uncertainties materializes, or if our underlying assumptions prove incorrect, actual results may vary materially from those expected, estimated or projected. You are cautioned not to place undue reliance on forward-looking statements. Under U.S. generally accepted accounting principles, entities are required to measure certain crypto assets at fair value, with changes reflected in net income each reporting period. Changes in the fair value of crypto assets could result in significant fluctuations to the income statement results. The forward-looking statements are made only as of the date hereof and do not necessarily reflect our outlook at any other point in time. We do not undertake and specifically decline any obligation to update any such statements or to publicly announce the results of any revisions to any such statements to reflect new information, future events or developments.
Investor Contact
invest@fgnexus.io
Media Contact
media@fgnexus.io
FAQ
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