Ripple Labs has announced a $700 million share buyback, highlighting its commitment to long-term shareholder value. The deal offers shareholders premiums above secondary market prices.
Buyback Details
The Ripple buyback is set to take place from June 10 to July 9, 2025, targeting only **eligible vested stockholders**. Shares will be purchased at a price of **$175**, representing a **135% premium** to market value. The move aims to reinforce **internal equity control** and provide increased **liquidity** for shareholders ahead of potential IPO plans.
Market Reaction and Price Dynamics
Following the announcement, XRP experienced a **3.5% price dip**. However, management has not linked this corporate move to token performance. Market reactions suggest confidence in Ripple's equity-focused strategy amidst ongoing SEC litigation.
Ripple's Outlook and SEC
As stated by Ripple CEO Brad Garlinghouse, 'We want to get certainty and clarity in the United States with the SEC. I am hopeful that the SEC will not slow that process down any more than they already have.' Ripple's valuation rises to **$25 billion** post-buyback, enhancing its stature in the sector, especially in light of the challenges faced by the company.
The announced share buyback by Ripple showcases financial resilience and strategic foresight, while the current SEC litigation remains a crucial factor for Ripple's future and its IPO.
