AVAX One Announces $40 Million Stock Buyback Plan
According to Odaily, Nasdaq-listed company AVAX One has announced that its board of directors has approved a one-year stock buyback program with a maximum limit of $40 million. CEO Jolie Kahn stated that the buyback at the current stock price level represents an efficient use of capital and demonstrates confidence in the company's long-term strategy and market value. AVAX One focuses on bridging the Avalanche ecosystem with traditional finance, aiming to build a digital asset vault and drive DeFi innovation.