SuperX Continues Share Repurchases to Demonstrate Confidence in Long-Term Growth, Substantial APAC Orders Validate Growth Potential
SuperX pairs a US$20 million buyback authorization with sizable APAC AI infrastructure orders that underpin its stated long-term growth outlook.
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Rhea-AI Summary
SuperX AI Technology (SUPX) authorized a new 2026 share repurchase program of up to US$20 million in ordinary shares over twelve months from August 6, 2026.
As of September 2, 2026, the company has repurchased 5,630 shares at an average price of US$7.9325. Management states that buybacks reflect confidence that the current valuation understates intrinsic value and long-term growth. In APAC, cumulative Pro6000 server shipments to Digital Dynamic total about US$38 million with another US$20 million in backlog, and SuperX holds a US$38.8 million NVIDIA B300 cluster order from Woodman for delivery in mid-November 2026. The company also entered Australia via an initial batch of 128 NVIDIA B300 servers to Ezisight.
Positive
- US$20 million 2026 share repurchase authorization over twelve months from August 6, 2026
- Repurchased 5,630 shares at an average price of US$7.9325 under the 2026 program
- Cumulative Pro6000 shipments to DDI about US$38 million plus US$20 million in backlog
- Secured US$38.8 million NVIDIA B300 server cluster order from Woodman, delivery mid-November 2026
- Entered Australian market with an initial batch of 128 NVIDIA B300 servers to Ezisight
Negative
- None.
Details
Market move: SUPX +7.30% in the Sep 3 session. 2026 share repurchase program
On Sep 3, the day this news came out, SUPX closed 7.30% above the previous close. Argus tracked a peak move of +6.7% during that session. Argus tracked a trough of -7.5% from its starting point during tracking. Our momentum scanner recorded 17 alerts for this stock that day. Relative volume reached 4.2x the daily average during tracking.
Data tracked by StockTitan Argus for the Sep 3 session.
Key Figures
- Repurchase authorization
- US$20 million
- 2026 Repurchase Program, authorized August 6, 2026
- Shares repurchased
- 5,630 ordinary shares
- As of September 2, 2026
- Average repurchase price
- US$7.9325 per share
- 2026 Repurchase Program, as of September 2, 2026
- Cumulative shipments
- Approximately US$38 million
- Pro6000 shipments to Digital Dynamic Inc. by late August 2026
- New orders backlog
- US$20 million
- Additional orders from the Japan Global Supply Center
- Woodman order
- US$38.8 million
- NVIDIA B300 server cluster order, delivery scheduled mid-November 2026
- Ezisight server order
- 128 NVIDIA B300 servers
- Initial Australian market purchase order
- Scheduled delivery
- Mid-November 2026
- Woodman NVIDIA B300 server cluster order
Previous Buybacks Reports
-
New US$20 million program and completion of prior share repurchase authorization
-
Progress under US$20 million authorization and repurchased ordinary shares
-
Board authorization of a US$20 million share repurchase program
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
rule 10b-18 regulatory
rule 10b5-1 trading plans regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
The Company's Board of Directors authorized a new share repurchase program (the "2026 Repurchase Program") as of August 6, 2026, under which the Company may repurchase up to
The Board and management believe the Company's current market valuation does not fully capture its intrinsic value and long-term growth potential. Share repurchases serve as a key capital allocation tool to enhance shareholder value while preserving sufficient financial flexibility and sustaining strategic investments in core business expansion. The continued execution of repurchases demonstrates the Company's confidence in its competitive strengths and long-term growth prospects.
SuperX has delivered robust commercial progress across the APAC region in 2026, with multiple landmark project wins validating its product competitiveness and global delivery capabilities. According to the announcements made by the Company in August 2026, the Company's Global Supply Center in
Backed by its sophisticated overseas supply chain, localized warehousing and scheduling systems, and integrated end-to-end delivery model, SuperX has successfully monetized next-generation NVIDIA B300 high-performance computing solutions, earning broad market recognition for its full-stack AI infrastructure offerings. The Company's expanding order backlog and proven global project execution track record validate its resilient fundamentals and clear growth path, supporting disciplined long-term strategy execution and capital allocation activities.
The repurchases have been made from time to time in the open market at prevailing market prices, in privately negotiated transactions, in block trades, and/or through other legally permissible means, in compliance with applicable securities laws, including the safe harbor provisions of Rule 10b-18 under the
About SuperX AI Technology Limited (NASDAQ: SUPX)
SuperX AI Technology Limited is an AI infrastructure solutions provider, offering a comprehensive portfolio of proprietary hardware, advanced software, and end-to-end services for AI data centers. The Company's services include advanced solution design and planning, cost-effective infrastructure product integration, and end-to-end operations and maintenance. Its core products include high-performance AI servers, 800 Volts Direct Current (800VDC) solutions, high-density liquid cooling solutions, as well as AI cloud and AI agents. Headquartered in Singapore, the Company serves institutional clients globally, including enterprises, research institutions, and cloud and edge computing deployments. For more information, please visit www.superx.sg.
Safe Harbor Statement
This press release may contain forward looking statements. In addition, we or our representatives may from time to time make forward looking statements orally or in writing. These forward looking statements are based on our expectations and projections about future events derived from information currently available to us. You can identify forward looking statements by their non historical nature, particularly by terms such as "may", "should", "expects", "anticipates", "estimates", "believes", "plans", "projects", "potential", or "hopes" and their negatives or similar expressions. In evaluating these forward looking statements, you should consider various factors including: our ability obtain adequate and timely supply of GPUs and other components from NVIDIA and other suppliers; our dependence on a limited number of customers and the timing of customer deliveries and data-centre readiness; our ability to keep pace with new technologies and changing market demands; the competitive environment of our business; and the other risks described in our most recent annual report on Form 20-F and other filings with the SEC. These and other factors may cause actual results to differ materially from any forward-looking statements.
Forward‑looking statements are only predictions. Readers are cautioned not to place undue reliance on these forward‑looking statements. The forward‑looking events discussed in this press release (including delivery timelines, capacity, order value, counterparty performance risks, potential future capacity expansion and business collaboration opportunities, and other statements made by us or our representatives from time to time) may not occur, and actual circumstances and results may differ materially. Actual delivery timelines and values for AI servers may vary subject to customer data‑center readiness and supply‑chain conditions. We undertake no obligation to publicly update or revise any forward‑looking statements whether as a result of new information, future events or otherwise.
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SOURCE SuperX AI Technology Limited
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