AVAX One Accelerates Share Buybacks Amid Valuation Disconnection
AVAX One Technology (AVX) has accelerated its share repurchase program, acquiring 333,500 shares in September at an average cost of $5.36 per share.
The total number of shares repurchased now stands at 836,743 since the program began in November 2025, with approximately $33.9 million remaining from the authorized $40 million program.
Interim CEO and COO Pete Wylie explained that the company is leaning into the share repurchase activity due to a perceived valuation disconnect, deploying capital toward opportunities offering strong potential for long-term shareholder value creation.