Streamex announces 10M buyback plan at $2/share
Streamex Corp. announced a new share repurchase program to buy back up to 10,000,000 shares at $2.00 per share over 12 months, signaling confidence in its intrinsic value. Executive Chairman Morgan Lekstrom cited the company's progress with GLDY and institutional distribution as key drivers. The program allows for open market or private transactions and may be modified or suspended at any time.

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Streamex Corp. (NASDAQ: STEX), a technology and infrastructure company focused on the tokenization of commodity real-world assets, has authorized a new share repurchase program allowing the company to buy back up to 10,000,000 shares of its common stock over the next 12 months. The company may purchase shares at a price up to $2.00 per share, reflecting the board's view that the current stock price does not reflect the infrastructure built or the opportunity ahead. This move signals management's confidence in the intrinsic value of the company's assets and partnerships.
Morgan Lekstrom, Executive Chairman of Streamex, stated that the authorization is a direct expression of confidence in the company's value and long-term trajectory. He highlighted that over the past year, Streamex has established a foundation with GLDY, a yield-bearing product that is live, independently attested, and accessible through institutional distribution channels including Siebert’s wealth management network. Lekstrom believes the repurchase program provides flexibility to act on the view that the stock is undervalued in a way beneficial to shareholders.
The share repurchase program authorizes the company to reduce the total number of shares outstanding by buying back stock in the open market or through privately negotiated transactions. Repurchases will be conducted in accordance with applicable securities laws. The board's decision is based on the company's current valuation relative to its progress in building its business.
Streamex Corp. is a technology and infrastructure company focused on the tokenization and digitalization of commodity real-world assets. It delivers institutional-grade solutions bridging traditional finance and blockchain-enabled markets through secure, regulated, and yield-bearing financial instruments.
The program does not obligate the company to purchase any specific number of shares, and it may be modified, suspended, or discontinued at any time at the company's discretion.
Share Repurchase Program Details
| Feature | Details |
|---|---|
| Aggregate Shares | 10,000,000 shares |
| Maximum Price | $2.00 per share |
| Par Value | $0.001 per share |
| Duration | 12 months |
How will the share repurchase program impact Streamex's ability to fund future growth initiatives in tokenization?
What specific metrics or milestones will the board use to determine if the stock remains undervalued over the next year?
Could the repurchase program signal a shift in strategy toward returning value to shareholders rather than aggressive expansion?

























