Ripple has an offer worth $ 700 million for the buyback of corporate shares, each with $ 175 made. The buyback was opened on June 10 and is to be completed on July 9th. The offer applies to everyone who has stocks or stocks and is handled by the NASDAQ private market.
It is Ripple’s second share buyback in less than a year. In January, the company offered $ 125 per share in a similar step. The current price of $ 175 corresponds to an increase of 135% compared to the last known secondary market price, in which the company’s shares on private platforms such as Hyve were traded between $ 74 and $ 75.
Investor Jeremy Raper, who published the announcement, also spread an email from the company of CEO Brad Garlinghouse, in which the details of the offer are explained. In the communication, the buyback was shown as an expression of the financial situation and the strategic goals of Ripple.
Not a bad email to wake up to…Ripple Labs buying back 3-5% of the co at $175/share…last traded prices on Hyve were $74-75, so a nice little 135% premium…
More thoughts to follow. I own Ripple (the co, not $XRP) outright, as well as derivative plays on Ripple… pic.twitter.com/OmTgTthRDI
— Jeremy Raper (@puppyeh1) June 10, 2025
With this offer, Ripple’s assessment is around $ 25 billion. According to Raper estimates, however, even a strongly discarded value for the assets could be a value per share of more than $ 350. In comparison, the current offer for the current shareholders sounds quite attractive, even if some believe that the evaluation does not correspond to the company’s actual strength.
Ripple’s balance sheet contains $ 3.7 billion in barres reserves and no debts. The company also has 41 billion XRP units. With a discount rate of 50 %, this cryptocurrency stock is still worth around $ 47 billion. A large part – 36.2 billion XRP – is in a trust account, the rest is liquid.
The internal memo also revealed that the company generated an EBIT of over $ 1 billion last year, which Raper sees as an indication of robust operational performance. The company also has $ 600 million in external investments, which indicates broad financial resources.
Despite the significant financial developments and the investor interest, Ripple has confirmed that it has no direct plans for an IPO. This position coincides with the statements that the company made in January during its last takeover offer.
Although the company’s ongoing legal dispute the US stock exchange supervisory authority (Securities and Exchange Commission) is almost settled, Ripple does not yet focus on a stock exchange debut. Instead, the company continues to focus on strategic acquisitions to expand its ecosystem.
The structure and the time of the offer indicate that Ripple offers liquidity for early investors and internal stakeholders instead of preparing for public listing. Analysts and investors speculate that the company could reach between $ 35 and $ 50 billion in the event of a IPO in view of the size of its cryptocurrency reserves and its operational strength.
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