Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Markets>
Forward Industries, a financial company specializing in SOL assets, announced a $1 billion stock buyback program.

Forward Industries, a financial company specializing in SOL assets, announced a $1 billion stock buyback program.

Cointime2025/11/04 15:42
By: Cointime
SOL+4.27%

Forward Industries (NASDAQ: FORD) announced the submission of a resale prospectus supplement to the U.S. Securities and Exchange Commission and authorized a new $1 billion stock repurchase plan.

The company's board authorized the stock repurchase plan on November 3, allowing the company to repurchase up to $1 billion of outstanding shares, with the authorization expiring on September 30, 2027. Repurchases can be made through open market purchases, block trades, and private negotiated transactions.

The resale prospectus supplement registered a portion of common stock issued in a private placement in September 2025, allowing designated shareholders to resell these securities, but the company will not receive any proceeds from any potential resale.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

BTC breaks $102,000
Cointime2025/11/05 21:21

Trending news

More
1
BTC breaks $102,000
2
Nivex and Miya Launch the Third Session of “Miya Lounge” AMA Exploring the Intersection of Meme, Sentiment, and AI in Crypto

Crypto prices

More
Bitcoin
Bitcoin
BTC
$103,436
+2.83%
Ethereum
Ethereum
ETH
$3,426.78
+5.91%
Tether USDt
Tether USDt
USDT
$0.9999
+0.04%
XRP
XRP
XRP
$2.34
+8.60%
BNB
BNB
BNB
$953.5
+3.80%
Solana
Solana
SOL
$161.63
+6.76%
USDC
USDC
USDC
$0.9999
-0.00%
TRON
TRON
TRX
$0.2894
+2.19%
Dogecoin
Dogecoin
DOGE
$0.1669
+4.56%
Cardano
Cardano
ADA
$0.5423
+5.82%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter