Streamex Corp. announced that its board of directors has authorized a new share repurchase program, under which the company may repurchase up to 10,000,000 shares of its common stock at a price per share up to $2.00 over the next 12 months. Executive Chairman Morgan Lekstrom stated that the program reflects confidence in the company's value and long-term trajectory, noting that the current stock price does not reflect the infrastructure built or the opportunity ahead. Repurchases may be made in the open market or through privately negotiated transactions, and the program does not obligate the company to purchase any shares and may be modified, suspended, or discontinued at any time.
Streamex CorpBoard authorizes share repurchase program, signaling confidence and returning capital to shareholders.