Business Markets News Report Technology
September 15, 2025

SUI Group Completes $2M Buyback And Launches New $50S Share Repurchase Program

In Brief

SUI Group completed a $2 million share buyback and approved a new $50 million repurchase program to support long-term value.

SUI Group Completes $2M Buyback And Launches New $50S Share Repurchase Program

SUI Group Holdings Limited, a publicly listed company associated with the Sui Foundation, confirmed the completion of its previously approved $2 million share repurchase initiative. 

The company also reported that its Board of Directors has authorized a new program permitting the repurchase of up to $50 million in common stock. 

The initial program, carried out between September 10th and September 12th, 2025, involved the repurchase of approximately 318,743 shares at an average price of $4.30 per share. 

The newly approved initiative is intended to provide flexibility in enhancing Net Asset Value per share through the strategic acquisition of common stock, which the company considers immediately beneficial to shareholders and reflective of its confidence in long-term fundamentals.

Repurchases under the program may be conducted through open market transactions, privately arranged agreements, or alternative methods, in compliance with relevant securities regulations and subject to prevailing market conditions.

SUI Group, recognized as the sole publicly traded entity with a formal association with the Sui Foundation, offers institutional-level access to the SUI blockchain. By implementing a treasury framework centered on SUI, the company is developing a digital asset treasury platform supported by the foundation, emphasizing scalability, transparency, and sustainable value creation. 

Recently, on September 3rd, the company has also expanded its reserves through the acquisition of 20 million tokens, raising its total holdings to 101.79 million tokens with an estimated value of $379 million. These reserves are further reinforced by a $450 million treasury initiative operated in collaboration with Galaxy Digital.

SUI Group’s $50M Buyback Sparks Market Interest As Technical Signals Point To Potential Breakout

The announcement of a $50 million share repurchase authorization by SUI Group has attracted considerable interest within the digital asset sector, with market participants monitoring the token for potential SUI token price movements supported by technical indicators and substantial reserves. 

According to cryptocurrency analyst Ali, current analysis highlights a support range between $3.20 and $3.50, while resistance remains evident in the $4.20 to $4.30 zone. A breakout beyond this threshold is viewed as a potential catalyst for renewed upward momentum. 

Chart patterns, including the identification of an ascending triangle, are being interpreted as signals that an upward continuation could occur if resistance levels are surpassed. Based on Fibonacci-based projections, short-term price objectives have been outlined at approximately $4.79, $5.30, $6.19, and $7.39.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

More articles
Alisa Davidson
Alisa Davidson

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

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