TON Strategy Company launches its first stock buyback program and begins pledging TON assets
Source: ChainCatcher
Time: 2025-09-12 21:00:02
According to ChainCatcher, according to businesswire, TONStrategyCompany (Nasdaq:TONX) announced that the company has repurchased more than 250,000 common shares under the previously announced $250,000 stock repurchase plan. In addition, the company has begun pledging TON assets as planned, aiming to use the assets held in its treasury to obtain on-chain earnings.
The average price of the company's 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.