QualityStocksNewsBreaks – FG Nexus Inc. (NASDAQ: FGNX, FGNXP) Provides Update on Share Repurchase Program and ETH Holdings
FG Nexus (NASDAQ: FGNX, FGNXP) announced an update on its common stock buyback program and digital asset holdings, reporting that it repurchased approximately 7.0 million shares at an average price of about $3.17 per share between Oct. 23 and Dec. 17, 2025, representing more than 16% of outstanding shares, according to management. As of Dec. 17, 2025, the company held 40,088 ETH and approximately $25.2 million in cash and USDC, with total debt of $11.9 million, 36.5 million common shares outstanding, and an estimated net asset value of approximately $3.53 per share, with Chairman and CEO Kyle Cerminara stating the…
