SuperX AI Technology may repurchase up to $20 million of its outstanding ordinary shares over twelve months and had bought 5,630 shares by September 2 at an average net price of $7.9325. The company says the program supports Shareholder value, financial flexibility and Investment while APAC orders reinforce its Long-term Growth case.

Key Highlights

  • SuperX AI Technology repurchased 5,630 ordinary shares at an average net price of $7.9325 by September 2.
  • Pro6000 shipments to Digital Dynamic reached approximately $38 million, with another $20 million in backlog.
  • Woodman ordered a $38.8 million NVIDIA B300 server cluster scheduled for delivery.

The company says the Capital allocation plan is intended to support shareholder value while retaining financial flexibility for core-business investment.

$20M Program Tracks 5,630 Repurchased Shares

By September 2, SuperX (NASDAQ: SUPX) had bought 5,630 ordinary shares at an average net repurchase price of $7.9325 per share. Transactions may occur in the open market, privately negotiated deals, block trades or other legally permitted methods. The program operates under applicable securities laws, including Rule 10b-18 safe-harbor provisions and Rule 10b5-1 trading plans. The board and management said SuperX’s market valuation does not fully reflect their view of its Intrinsic Value and long-term growth prospects.

APAC Orders Add Commercial Support

SuperX said its Japan Supply center secured four consecutive purchase orders from Digital Dynamic Inc. Cumulative Pro6000 server shipments to the partner reached approximately $38 million by late August, while an additional $20 million of new orders was in backlog. Woodman Inc. placed a $38.8 million order for an NVIDIA B300 server cluster, scheduled for delivery in mid-November. SuperX also secured its first Australian batch of NVIDIA B300 servers from computing provider Ezisight, which the company described as an entry into the Oceania AI infrastructure market. The company said its expanding Backlog and project execution support its long-term strategy and capital allocation activities.