PANews reported on October 20th that according to Globenewswire, Ethereum treasury company FG Nexus (NASDAQ: FGNX, FGNXP) announced plans to initiate a $200 million share repurchase program, previously approved by its board of directors, and will sign an agreement with ThinkEquity to begin repurchases immediately. The company plans to repurchase shares below its current estimated net asset value (NAV) per share of approximately $5.10 as of October 20, 2025. ThinkEquity will repurchase shares at a price below that level. While the share price is below $5.00 per share, ThinkEquity will limit the daily repurchase to no more than 25% of daily trading volume.PANews reported on October 20th that according to Globenewswire, Ethereum treasury company FG Nexus (NASDAQ: FGNX, FGNXP) announced plans to initiate a $200 million share repurchase program, previously approved by its board of directors, and will sign an agreement with ThinkEquity to begin repurchases immediately. The company plans to repurchase shares below its current estimated net asset value (NAV) per share of approximately $5.10 as of October 20, 2025. ThinkEquity will repurchase shares at a price below that level. While the share price is below $5.00 per share, ThinkEquity will limit the daily repurchase to no more than 25% of daily trading volume.
Ethereum Treasury FG Nexus Launches $200 Million Share Buyback Program
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PANews reported on October 20th that according to Globenewswire, Ethereum treasury company FG Nexus (NASDAQ: FGNX, FGNXP) announced plans to initiate a $200 million share repurchase program, previously approved by its board of directors, and will sign an agreement with ThinkEquity to begin repurchases immediately. The company plans to repurchase shares below its current estimated net asset value (NAV) per share of approximately $5.10 as of October 20, 2025. ThinkEquity will repurchase shares at a price below that level. While the share price is below $5.00 per share, ThinkEquity will limit the daily repurchase to no more than 25% of daily trading volume.
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