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Stock impact report

FG Nexus Announces Preferred Share Repurchase Program

FG Nexus Inc. (FGNX) 
Company Research Source: GlobeNewswire
Charlotte, NC, Dec. 09, 2025 (GLOBE NEWSWIRE) -- FG Nexus Inc. (Nasdaq: FGNX, FGNXP) (the “Company”), today announced that its Board of Directors has approved a preferred share repurchase program to acquire up to 894,580 shares of the Company's outstanding preferred shares (the "Preferred Share Repurchase Program"). The Preferred Share Repurchase Program, which is open-ended, allows the Company to repurchase its preferred shares from time to time in the open market and in negotiated transactions. Any repurchases conducted pursuant to the Preferred Share Repurchase Program will be in accordance with Rule 10b-18 of the Exchange Act and will be made in accordance with applicable laws and regulations in effect from time to time. "This authorization provides us with additional flexibility to optimize our capital structure and return value to our shareholders when market conditions present attractive opportunities," said Kyle Cerminara, Chairman & CEO of FG Nexus. The timing and amount Show less Read more
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