According to Cointelegraph, Forward Industries has announced a $1 billion share repurchase program as part of its strategic shift towards a digital asset treasury model. This initiative is designed to return value to shareholders while the company continues to build its position in Solana, a prominent blockchain platform. The authorization, granted on Monday, allows Forward Industries to repurchase its stock through various methods, including open-market purchases, block trades, or privately negotiated transactions. Forward Industries emphasized that the repurchase program offers flexibility in the face of market volatility, a common strategy to enhance shareholder value by reducing the number of shares outstanding and minimizing dilution
source: https://www.binance.com/en/square/post/31938159344697?utm_source=BinanceNewsRSS