AVAX One Repurchases 333,500 Shares in September 2026
Key Highlights
- ➤September repurchases 333,500 shares at $5.36 average price (AVX)
- ➤Total repurchases reached 836,743 shares since November 2025 (AVX)
- ➤$33.9 million remains available under the $40 million repurchase program (AVX)
- ➤AVAX One (AVX) intends to continue repurchases while share-price dislocation persists
Expert Statements
Pete Wylie, Interim Chief Executive Officer and Chief Operating Officer of AVAX One
“We believe there is a meaningful disconnect between the share price and the intrinsic value of AVAX One. Share repurchases represent one of the most direct ways we can demonstrate conviction in the long-term value of what we're building at AVAX One. As long as this dislocation persists, we intend to continue leaning in. Our strong balance sheet gives us the flexibility to allocate capital opportunistically where we believe it can create the greatest long-term value per share.”
The Company Significantly Increased Its Repurchase Volume Due to Market Conditions
WEST PALM BEACH, FL, Oct. 01, 2026 (GLOBE NEWSWIRE) -- AVAX One Technology Ltd. (NASDAQ: AVX) (“AVAX One” or the “Company”), today announced an update on its $40 million share repurchase program. In the month of September 2026, the Company repurchased 333,500 of its common shares at an average purchase price per share of $5.36, including all fees and commissions. These repurchases bring AVAX One’s total repurchases of its common shares as of September 30, 2026, to 836,743 (as adjusted to reflect the Company’s one-for-twelve reverse stock split effected on June 15, 2026) since November 2025. Approximately $33.9 million remains available under the program.
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