
PANews|Sep 12, 2025 12:49
[TON Strategy Company Initiates First Stock Buyback from Previous Plan and Begins Staking TON Assets]
According to Businesswire, TON Strategy Company (Nasdaq: TONX) announced that, under its previously disclosed $250 million stock buyback plan, the company has repurchased over 250,000 shares of common stock. Additionally, the company has begun staking TON assets as planned, aiming to leverage its treasury holdings to generate on-chain yields. The average price of the company's stock buyback was $8.32 per share; in comparison, as of September 11, 2025, the company's tangible asset value (TAV) per share was $12.181.
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