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FG Nexus Announces Preferred Share Repurchase Program
Globenewswireยท 2025-12-09 14:15
Core Points - FG Nexus Inc. has announced a preferred share repurchase program to acquire up to 894,580 shares of its outstanding preferred shares, which is open-ended and allows for repurchases in the open market and negotiated transactions [1] - The program aims to optimize the company's capital structure and return value to shareholders when market conditions are favorable [2] - The timing and amount of repurchases will depend on various factors, including market conditions and the company's financial performance, with no obligation to repurchase a specific number of shares [3] Company Overview - FG Nexus is focused on building a digital asset treasury and a platform for the tokenization of real-world assets, planning to enhance yield on its treasury by staking ETH and implementing additional yield strategies [4]