PANews reported on November 21 that Nasdaq-listed AVAX One announced its board of directors has approved a one-year share buyback program of up to $40 million. CEO Jolie Kahn stated that the buyback is an efficient use of capital at the current share price level, demonstrating confidence in the company's long-term strategy and market value. AVAX One focuses on connecting the Avalanche ecosystem with traditional finance, aiming to build a digital asset vault and drive DeFi innovation.
AVAX One's board of directors approved a stock buyback program of up to $40 million.
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