TON Strategy Company Announces $250 Million Share Buyback Program

TON Strategy Company (formerly Verb Technology Company Inc.) announced that the board of directors unanimously approved a share buyback program of up to $250 million. The shares will be repurchased on the open market or through other means in accordance with the law.

The main goal of the program is to enhance shareholder value and increase the net asset value per share (NAV/share), especially in times of market volatility.

The company’s Executive Chairman, Manuel Stotz, emphasized:

“We adhere to a disciplined capital allocation strategy. If the shares trade at a premium to NAV, new shares may be issued to purchase TON coins. If the quotes fall below NAV, we will use the buyback mechanism. This is a tool to enhance shareholder value.”

On September 2, 2025, the company completed its rebranding and changed its ticker to TONX on the Nasdaq exchange. This move was part of a new strategy focused on the Toncoin (TON) ecosystem.

Previously, TON Strategy invested $713 million in Toncoin and announced its intention to accumulate more than 5% of the coin supply, becoming the first public treasury fund specializing in TON.

The company positions its mission as supporting and accumulating Toncoin, providing public investors with access to a growing ecosystem closely integrated into the Telegram messenger with its more than 1 billion active users monthly.

Stotz previously noted that TON is the natural currency of Telegram and the optimal tool for long-term investments, bringing not only value growth but also staking income.