TON Strategy Company initiated its previously planned initial stock buyback and began pledging TON assets
Source: CoinWorld
Time: 2025-09-12 20:53:10
According to Businesswire, TON Strategy Company (Nasdaq: TONX) announced that the company has repurchased more than 250,000 common shares under the previously announced $250 million stock repurchase plan. Additionally, the company has begun pledging TON assets as planned, aiming to generate on-chain returns using assets held in its vaults. The average price of the repurchase of shares was $8.32 per share; by comparison, the company's book asset value (TAV) per share was $12.181 as of September 11, 2025.