Exxe Group Inc (AXXA)

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My response from Exxe Group Invstor relations:.
Thank you for your email.

As disclosed to the market on May 9, 2024:

"The share buyback is a key part of our plan and will be executed according to our strategic timeline that will also have updates in upcoming disclosures."

Regarding the buyback, while we haven't specified an exact timeline, it involves several steps including account setups obtaining permissions allocating capital etc. Ultimately, a lower PPS means more shares can be repurchased once everything is in place. #Exxe is actively…

— Exxegroup (@exxegroup) May 9, 2024

With respect to the reason for share issuance, these are the repayments of commitments to long-term investors, and are in any event issuances at a premium to the market.

"shares issued are primarily to long-term investors who committed 4-5 years ago, demonstrating their dedication. These assets and investments have shown substantial revenue and EBIT growth. Any shares issued are at a market premium, strategically reducing debt and funding asset purchases in a controlled manner."

Thanks , let me try to address it again, we understand that perspective, lets see how it applies to us. If you compare us to the companies that have not achieved any results with the money they raised and assets they purchased i can see how they dont need to pay off their…

— Exxegroup (@exxegroup) May 9, 2024

Sincerely,
Exxe Group