Aave DAO has repurchased 70,000 AAVE tokens since April, spending $15.7 million

Since launching its buyback program on April 9th, Aave DAO has repurchased a total of 70,000 AAVE tokens, spending $15.7 million at an average price of $223.33 per token. At today's price of $261 per token, these repurchased tokens are currently worth $18.3 million, representing a $2.6 million profit. The buyback program is ongoing, with approximately $1 million invested weekly.