---
title: "Spark Completes First Month of Buyback Program"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281710421.md"
description: "Spark has completed its first month of a buyback program, spending 571,957 USDS to acquire 26.66 million SPK tokens at an average price of $0.0215. This buyback accounts for about 1% of SPK's circulating supply. The initiative will last for 12 months, aiming to buy back approximately 12% of the circulating supply, totaling around 320 million SPK."
datetime: "2026-04-05T12:13:40.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281710421.md)
  - [en](https://longbridge.com/en/news/281710421.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281710421.md)
generator: "portal-rs"
---

# Spark Completes First Month of Buyback Program

Spark has successfully completed its first month of buyback transactions, spending 571,957 USDS to purchase 26.66 million SPK tokens. According to Foresight News, the average price per SPK was $0.0215. This initial buyback represents approximately 1% of SPK's circulating supply. The buyback initiative is planned to continue for 12 months, with an estimated total buyback of 12% of the circulating supply, equating to around 320 million SPK.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**