AVAX One Repurchases 2,423,383 Shares Under $40 Million Share Repurchase Program

AVX announces significant share repurchase under $40 million program

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  <section data-block="information">
    <h3>Information</h3>
    <p>&lt;link type=&quot;text/css&quot; rel=&quot;stylesheet&quot; href=&quot;https://www.globenewswire.com/styles/gnw_nitf.css&quot;&gt;&lt;/li...</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>AVAX One Technology Ltd. has repurchased over 2.4 million shares as part of its $40 million buyback initiative, reflecting management&#039;s belief in the company&#039;s undervaluation and long-term potential. The ongoing buyback underscores a commitment to disciplined capital deployment while pursuing yield opportunities for enhancing shareholder value.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>AVX repurchased 2.4 million shares from $40 million program.</li><li>CEO believes shares undervalued relative to long-term prospects.</li><li>Future repurchases will depend on market conditions and capital priorities.</li><li>AVAX pursues investments in yield opportunities to maximize shareholder value.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>AVAX One Technology Ltd. (AVX)</strong>: Company&#039;s strategic buybacks may enhance shareholder confidence and share price.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This news falls under Corporate Developments, highlighting AVX&#039;s proactive strategy in managing shareholder value through repurchases, indicating strong internal confidence and potential price uplift.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>The share repurchase could signal management&#039;s confidence, potentially driving stock price up.</li><li>Expected future repurchases might further reduce share supply, influencing price positively.</li><li>Market reaction could depend on the perceived intrinsic value of AVX relative to market price.</li><li>Potential investor interest may surge following management&#039;s commitment to shareholder returns.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>AVX repurchased 2,423,383 shares under a $40 million program.</li><li>The share repurchase program was authorized in November 2025.</li><li>Management believes stock is undervalued compared to asset strength.</li><li>Future buybacks will depend on market conditions and capital priorities.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Consider buying AVX on potential short-term price appreciation due to buyback activities.</p>
  </section>
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<article>
    <section>
        <h2>AVAX One Announces Share Repurchase Program Update</h2>
        <p><strong>WEST PALM BEACH, FL, March 5, 2026 (GLOBE NEWSWIRE) -- </strong>AVAX One Technology Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/quote/AVX">AVX</a>), a leading player in the Avalanche blockchain space, has announced the repurchase of <strong>2,423,383 shares</strong> of its common stock as part of its ongoing <strong>$40 million share repurchase program</strong>. This significant move is aimed at enhancing shareholder value amidst favorable market conditions.</p>
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    <section>
        <h3>Strategic Rationale Behind the Repurchase</h3>
        <p>According to Jolie Kahn, Chief Executive Officer of AVAX One, the company perceives its shares as being <em>materially undervalued</em> in relation to the potential of its operating platform and the broader opportunities that the Avalanche blockchain presents. Kahn stated:</p>
        <blockquote>
            <p>“Since the authorization of our $40 million share repurchase program in November 2025, we have opportunistically repurchased shares when we believed the market price represented a significant discount compared to the intrinsic value of the Company's net assets. These repurchases reflect our conviction in the strength of our strategy and our commitment to disciplined capital deployment.”</p>
        </blockquote>
        <p>This strategic approach underscores AVAX One's commitment to maintaining a balance between capital returns and growth initiatives.</p>
    </section>

    <section>
        <h3>Details of the Share Repurchase Program</h3>
        <p>The repurchase program allows for shares to be acquired through open market purchases or other means permitted under applicable securities laws. Key points regarding the repurchase initiative include:</p>
        <ul>
            <li><strong>Authorization Amount:</strong> $40 million</li>
            <li><strong>Total Shares Repurchased:</strong> 2,423,383 shares</li>
            <li><strong>Market Considerations:</strong> Timing and volume will depend on various factors, including market conditions and regulatory guidelines.</li>
            <li><strong>Flexibility:</strong> The program may be modified, suspended, or discontinued at any time, with no obligation to repurchase a specific number of shares.</li>
        </ul>
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    <section>
        <h3>About AVAX One Technology Ltd.</h3>
        <p>AVAX One Technology Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/quote/AVX">AVX</a>) is positioned as the first publicly traded Avalanche Treasury company. The company's mission is to create a premier institutional gateway to the on-chain financial economy powered by the Avalanche blockchain network. AVAX One focuses on:</p>
        <ul>
            <li>AVAX accumulation</li>
            <li>On-chain yield generation</li>
            <li>Strategic acquisitions aimed at creating long-term shareholder value</li>
        </ul>
        <p>Led by seasoned professionals from institutional finance and public company sectors, AVAX One is designed to be a scalable and regulated platform, providing public investors access to the growth of the on-chain economy. For further information, visit <a href="https://www.avax-one.com" rel="nofollow">www.avax-one.com</a>.</p>
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    <section>
        <h3>Forward-Looking Statements</h3>
        <p>This announcement contains forward-looking statements that include risks and uncertainties which may cause actual results to differ from expectations. Specific factors that could affect results include:</p>
        <ul>
            <li>The completion of proposed transactions may be delayed or not occur.</li>
            <li>Market and regulatory changes impact operations and strategies.</li>
            <li>High volatility in the price of AVAX and other cryptocurrencies.</li>
        </ul>
        <p>The statements made in this announcement reflect the company's beliefs at the time of publishing and should not be construed as future projections without further updates.</p>
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    <section>
        <h3>Contact Information</h3>
        <p><strong>Investor Relations Contact:</strong><br>Sean Mansouri, CFA or Aaron D'Souza<br>Elevate IR<br>(720) 330-2829<br><a href="mailto:AVX@elevate-ir.com" rel="nofollow">AVX@elevate-ir.com</a></p>
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AVAX One Technology Ltd. has repurchased over 2.4 million shares as part of its $40 million buyback initiative, reflecting management's belief in the company's undervaluation and long-term potential. The ongoing buyback underscores a commitment to disciplined capital deployment while pursuing yield opportunities for enhancing shareholder value.

AVAX One Repurchases 2,423,383 Shares Under $40 Million Share Repurchase Program

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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