- Ripple launches $700M share buyback under CEO Brad Garlinghouse.
- Shares priced at $175, 135% premium.
- XRP token unaffected; buyback focuses on equity.
Ripple Labs’ $700 million buyback highlights its commitment to long-term shareholder value, offering significant premiums to secondary market prices amid potential IPO preparations.
Ripple Labs is executing a $700 million share buyback led by CEO Brad Garlinghouse. The buyback sees shares priced at a 135% premium, indicating a strong commitment to shareholders.
The buyback, spanning from June 10 to July 9, 2025, targets eligible vested stockholders only. This move aims to reinforce equity control internally and provides increased liquidity for shareholders, ahead of potential IPO plans.
XRP saw a 3.5% price dip following the announcement, though management has not associated this corporate move with token performance. Market reactions suggest confidence in Ripple’s equity-focused strategy amid ongoing SEC litigation. As Brad Garlinghouse, CEO of Ripple Labs, stated:
“I think we want to get certainty and clarity in the United States with the US SEC. I am hopeful that the SEC will not slow that process down any more than they already have…”
Ripple’s implied valuation rises to $25 billion post-buyback, enhancing its stature in the sector. The current buyback contrasts its January 2025 effort, showing strengthened financial footing amid unprecedented challenges.
Looking forward, Ripple’s ongoing SEC litigation casts a shadow over its IPO plans. Industry analysts suggest regulatory clarity will be crucial for Ripple’s future, with the buyback demonstrating financial resilience and strategic foresight.
