TONX Arms Shareholders with $250M Buyback Flexibility
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最新报道：TON Strategy Company (Nasdaq: TONX) has approved a $250 million stock repurchase program to enhance shareholder value, allowing flexible buybacks based on market conditions and share price. Executive Chairman Manuel Stotz noted the program enables strategic capital allocation, with potential stock issuance if shares trade at a premium to NAV or repurchases if at a discount. The move follows the firm's rebranding and focus on Toncoin accumulation, holding $713 million in Toncoin and $67 million in cash. TONX shares rose 4.37% pre-market on the announcement.
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