星球日报|Nov 04, 2025 15:12
[SOL Treasury Company Forward Industries Approves $1 Billion Stock Repurchase Plan]
Odaily Planet Daily News: Nasdaq-listed SOL Treasury Company Forward Industries announced that it has submitted a resale prospectus supplement to the U.S. SEC based on the S-3 registration statement filed earlier this year. This supplement is intended to register the resale of certain common shares from the September 2025 private placement (PIPE), and the document has automatically taken effect. Additionally, the company's board of directors approved a new stock repurchase plan on November 3, allowing the repurchase of up to $1 billion worth of issued common shares. This authorization is valid until September 30, 2027. Forward Industries stated that this move aims to optimize the capital structure and enhance shareholder returns. (Businesswire)
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