FG Nexus Inc. (NASDAQ: FGNX, FGNXP) announced plans to launch its $200 million share repurchase program, engaging ThinkEquity to begin immediate buybacks below the Company’s estimated net asset value of $5.10 per share as of Oct. 20, 2025. The move reflects confidence in FG Nexus’ ETH treasury strategy and commitment to enhancing shareholder value, according to CEO Kyle Cerminara.
The share repurchase program will follow Rule 10b-18 guidelines, allowing purchases up to 25% of daily trading volume while the stock trades under $5. The program may be adjusted or suspended based on market conditions. For the full press release, visit https://ibn.fm/olHxf.
FG Nexus Inc. is on the Ethereum Standard, singularly focused on becoming the largest corporate holder of ETH in the world by an order of magnitude. To enhance its ETH YIELD, the Company will stake and intends to implement other yield strategies while serving as a strategic gateway into Ethereum-powered finance, including tokenized RWAs and stablecoin yield. More information about the company is available at https://fgnexus.io/.
The repurchase program is a significant signal to the market, as buying back shares below net asset value (NAV) can be accretive to remaining shareholders. For FG Nexus, which holds a substantial ETH treasury, the program underscores management’s belief that the stock is undervalued relative to its holdings. This could potentially boost investor confidence and support the stock price.
The announcement comes as FG Nexus continues to execute its strategy of accumulating ETH and generating yield through staking and other DeFi activities. By repurchasing shares below NAV, the company effectively increases the ETH backing per share for remaining investors. This approach aligns with the company’s goal of maximizing shareholder value while maintaining its focus on Ethereum.
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The implications of this announcement are significant for investors in FG Nexus and the broader crypto-focused corporate landscape. The share repurchase program demonstrates a commitment to returning value to shareholders and signals that management views the current stock price as undervalued. This could lead to increased investor interest and potentially higher stock prices, benefiting existing shareholders. Additionally, the program may set a precedent for other companies with large crypto treasuries to consider similar buyback strategies when their shares trade below NAV.
