SuperX Announces Share Repurchase Program Update
News related to:SuperX AI Technology Limited · 1 min read
SINGAPORE, Sept. 9, 2026 /CourierPR/ -- SuperX AI Technology Limited, a Nasdaq-listed full-stack AI infrastructure solutions provider, has announced an update on its share repurchase program, reflecting the company’s confidence in its intrinsic value and long-term growth prospects.
On August 6, 2026, SuperX’s Board of Directors authorized a new share repurchase program, allowing the company to buy back up to $20 million worth of its ordinary shares over the next year. As of September 8, 2026, SuperX had repurchased 119,360 of its ordinary shares at an average net price of $7.7691 per share.
According to the company, these repurchases serve as a key capital allocation tool designed to enhance shareholder value while maintaining financial flexibility and supporting strategic investments in core business expansion. The repurchase program underscores the Board and management's belief that the current market valuation of SuperX does not fully capture its intrinsic value and long-term growth potential.
SuperX AI Technology Limited offers a comprehensive portfolio of proprietary hardware, advanced software, and end-to-end services for AI data centers. The company’s services include advanced solution design and planning, cost-effective infrastructure product integration, and end-to-end operations and maintenance. Core products include high-performance AI servers, 800 Volts Direct Current (800VDC) solutions, high-density liquid cooling solutions, as well as AI cloud and AI agents. Headquartered in Singapore, SuperX serves institutional clients globally, including enterprises, research institutions, and cloud and edge computing deployments.
The repurchase activity has been conducted in compliance with applicable securities laws, including the safe harbor provisions of Rule 10b-18 under the U.S. Securities Exchange Act of 1934, as amended, and through Rule 10b5-1 trading plans. SuperX continues to believe in its competitive strengths and long-term growth prospects, and the ongoing execution of the repurchase program is a testament to this belief.