TechFlow news, November 4 — According to Business Wire, Forward Industries (Nasdaq: FORD) announced it has filed a resale prospectus supplement with the U.S. Securities and Exchange Commission and authorized a new $1 billion share repurchase program.
The company's board of directors authorized the share repurchase program on November 3, allowing the company to repurchase up to $1 billion of its outstanding shares, with authorization valid through September 30, 2027. Repurchases may be conducted through open market transactions, block trades, and privately negotiated transactions.
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