TON Strategy announces $250M stock repurchase program

TON Strategy (TONX) announced that its board of directors has unanimously approved a stock repurchase program authorizing the company to repurchase up to $250M of its common stock. Under the program, repurchases may be made from time to time in open market transactions or through other means in accordance with applicable securities laws. The timing, number of shares of common stock repurchased, and price will depend on a variety of factors including liquidity, market conditions, share price, and other considerations. The program does not obligate the company to acquire any specific number of shares of the Company’s common stock.