Business
SUI Group Announces Completion of Existing $2 Million Stock Repurchase Program and Subsequent Authorization of New $50 Million Program
WAYZATA, Minn.--(BUSINESS WIRE)-- SUI Group Holdings Limited (“SUI Group,” “SUIG” or the “Company”) (NASDAQ: SUIG), the only publicly traded company with an
About this update from Sui Group Holdings Limited
[{"type":"text","content":" WAYZATA, Minn.--(BUSINESS WIRE)--\nSUI Group Holdings Limited (“SUI Group,” “SUIG” or the “Company”) (NASDAQ: SUIG), the only publicly traded company with an official relationship with the Sui Foundation, today announced it has completed its previously authorized $2 million stock repurchase program. SUI Group is also announcing that its Board of Directors has now authorized a new stock repurchase program to acquire up to an additional $50 million of the Company’s common stock.\n\n\nFollowing the completion of its initial stock repurchase program, in which the Company repurchased approximately 318,743 shares of its common stock at an average price of $4.30 per share between September 10, 2025 and September 12, 2025, SUI Group’s new program provides the flexibility to support its Net Asset Value (“NAV”) per share by opportunistically purchasing its common stock. The Company believes that share repurchases at these levels are immediately accretive to existing stockholders and reflects its confidence in its underlying fundamentals.\n\n\n“We believe the current disconnect between our share price and the intrinsic value of the business presents a compelling opportunity,” said Marius Barnett, Chairman of SUI Group. “Repurchasing our own stock at these levels is not only a highly attractive return on investment, but also a clear signal of our confidence in SUI Group’s long-term strategy and financial strength. As stewards of shareholder capital, we remain focused on allocating resources where we see the greatest potential for value creation — and in the current market, that includes investing in ourselves. We intend to continue to evaluate additional repurchases should these market conditions persist.”\n\n\nShare repurchases pursuant to the new program may be made through a combination of open market repurchases, privately negotiated transactions, or other means, in accordance with applicable securities laws and subject to market conditions and other factors.\n\n\nAbout SUI Group Holdings Limited\nSUI Group is the only publicly traded company with an official Sui Foundation relationship, providing institutional-grade exposure to the SUI blockchain. Through its industry-first SUI treasury strategy, SUI Group is building a premier, foundation-backed digital asset treasury platform designed for scale, transparency and long-term value crea...