What was the aggregate cost of FG Nexus's repurchases through September 14, 2026?

FG Nexus repurchased approximately 4.0 million common shares for $48.0 million and 275,000 preferred shares for $6.9 million, totaling approximately $54.9 million in aggregate purchase price, including commissions.

What percentage of originally outstanding shares have been repurchased?

The company has repurchased approximately 46% of its common shares outstanding before program implementation and approximately 31% of its preferred shares outstanding at program inception.

Are the repurchase programs still active?

Yes. The filing states that the repurchase programs remain 'authorized and open-ended,' with the company continuing to evaluate future repurchases based on market conditions, liquidity, legal requirements, and capital-allocation priorities.

What execution mechanism did FG Nexus use for these repurchases?

The filing does not specify the repurchase mechanism (Rule 10b-18 open-market purchases, accelerated share repurchase, or another method). This detail may be disclosed in prior filings or SEC forms.

How many shares of each class are currently outstanding?

As of September 14, 2026, FG Nexus had 4,707,615 common shares and 619,357 preferred shares outstanding.

FGNXP 8-K Filed 2026-09-15 Execution disclosure

FG Nexus reports 46% common-share repurchase completion under authorized programs

Company has repurchased 4.0M common and 275K preferred shares totaling ~$54.9M as of mid-September

Shares repurchased4.3M

MechanismNot specified

What the filing says

FG Nexus (Nasdaq: FGNX, FGNXP) announced continued progress under its previously authorized common and preferred stock repurchase programs as of September 14, 2026. The company has repurchased approximately 4.0 million shares of common stock for an aggregate purchase price of approximately $48.0 million, including commissions, representing approximately 46% of the company's common shares outstanding before the repurchase program commenced.

In parallel, FG Nexus has repurchased approximately 275,000 shares of preferred stock for an aggregate purchase price of approximately $6.9 million, including commissions, representing approximately 31% of preferred shares outstanding at program inception. As of the announcement date, the company had 4,707,615 common shares and 619,357 preferred shares outstanding.

The repurchase programs remain "authorized and open-ended," with the company stating that "the timing and amount of any future repurchases will depend on market conditions, available liquidity, applicable legal requirements, the Company's capital-allocation priorities and other considerations." CEO Kyle Cerminara characterized the repurchases as reflecting "our continued confidence in the Company's capital-allocation strategy and our commitment to delivering long-term value to stockholders."

Through September 14, 2026, the Company has repurchased approximately 4.0 million shares of its common stock for an aggregate purchase price of approximately $48.0 million, including commissions. These repurchases represent approximately 46% of the Company's common shares outstanding immediately before implementation of the repurchase program. — FG Nexus Inc. 8-K filing · View on SEC EDGAR →

What this means

FG Nexus has now executed a substantial portion of its common-stock repurchase program, retiring 46% of shares that existed at program inception—a level of completion that typically signals either near-term program conclusion or a major reduction in outstanding share count. The combined common and preferred repurchases totaling ~$54.9 million demonstrate the company's capital deployment across both security classes. Since the programs remain open-ended with no disclosed authorization ceiling, investors cannot determine total authorized capacity or remaining firepower; the filing focuses on execution progress rather than authorization details, which may be disclosed in prior filings or proxy statements.

Frequently asked questions

What was the aggregate cost of FG Nexus's repurchases through September 14, 2026?: FG Nexus repurchased approximately 4.0 million common shares for $48.0 million and 275,000 preferred shares for $6.9 million, totaling approximately $54.9 million in aggregate purchase price, including commissions.
What percentage of originally outstanding shares have been repurchased?: The company has repurchased approximately 46% of its common shares outstanding before program implementation and approximately 31% of its preferred shares outstanding at program inception.
Are the repurchase programs still active?: Yes. The filing states that the repurchase programs remain 'authorized and open-ended,' with the company continuing to evaluate future repurchases based on market conditions, liquidity, legal requirements, and capital-allocation priorities.
What execution mechanism did FG Nexus use for these repurchases?: The filing does not specify the repurchase mechanism (Rule 10b-18 open-market purchases, accelerated share repurchase, or another method). This detail may be disclosed in prior filings or SEC forms.
How many shares of each class are currently outstanding?: As of September 14, 2026, FG Nexus had 4,707,615 common shares and 619,357 preferred shares outstanding.
Why is FG Nexus repurchasing shares?: CEO Kyle Cerminara stated that the repurchases reflect 'our continued confidence in the Company's capital-allocation strategy and our commitment to delivering long-term value to stockholders,' signaling management's view that the shares offer good value relative to alternative capital uses.

execution common-stock preferred-stock open-ended-program merchant-banking

Source. This editorial summary is based on the SEC filing linked above. BuybackStocks aggregates and editorializes publicly available SEC EDGAR filings. Not investment advice. Past authorization announcements do not guarantee future repurchase activity or share price performance. See our full disclosures policy.