TechFlow news, November 24 — AVAX One Technology Ltd. (Nasdaq: AVX) announced today that it has acquired an additional 9.377 million AVAX tokens for a total value of $110 million at an average purchase price of approximately $11.73 between November 5 and November 23. This acquisition brings the company's total holdings of AVAX to over 13.8 million tokens.
Company CEO Jolie Kahn stated that AVAX One still has over $35 million in cash available for further acquisitions of AVAX tokens and share buybacks. The board has approved a $40 million share repurchase program, which is expected to commence shortly.
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