A2Z Announces $20 Million Share Repurchase Program
A2Z (NASDAQ: AZ) announced a Board-approved $20 million share repurchase program effective January 7, 2026.
Rhea-AI Summary
A2Z (NASDAQ: AZ) announced a Board-approved $20 million share repurchase program effective January 7, 2026. The program authorizes open-market repurchases for up to three months, terminating no later than April 6, 2026. The company said it will use existing cash and cash equivalents to fund repurchases, may transact under SEC Rule 10b-18 and/or Rule 10b5-1, and has engaged Oppenheimer & Co. as broker. All repurchased shares will be returned to treasury and cancelled. The company described the program as intended to enhance shareholder value because it believes its share price does not fully reflect underlying value.
Positive
- $20 million authorized share repurchase
- Repurchases effective immediately, through April 6, 2026
- Will fund repurchases from existing cash and cash equivalents
- All bought shares will be returned to treasury and cancelled
Negative
- Uses up to $20 million of cash and cash equivalents
- Repurchase window limited to ~3 months, ending April 6, 2026
Details
News Market Reaction – AZ
In the Jan 7 session, AZ gained 3.08%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- Share repurchase size
- $20 million
- Authorized common share buyback over up to three months
- Repurchase duration
- up to three months
- Buyback period from approval to no later than April 6, 2026
- Repurchase end date
- April 6, 2026
- Buyback program termination date if not earlier completed
- Commercial pipeline
- >$110 million
- Purchase orders in commercialization pipeline disclosed Dec 16, 2025 6-K
- Aggregate proceeds
- $42,403,000.00
- Proceeds before expenses in Sept 18, 2025 424B5 prospectus supplement
- Underwriting discount
- $2,597,000.00
- Underwriting discount/commissions in Sept 18, 2025 424B5
- Net tangible book value
- $0.88 per share
- Net tangible book value per share as of June 30, 2025 in 424B5
- Dilution per share
- $6.25
- Dilution in as-adjusted net tangible book value per share in 424B5
Historical Context
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Smart cart platform rollout at Migros stores with Q3 2026 launch plans.
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Chairman transition with CEO appointed Interim Chairman during search process.
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ICR and NRF 2026 conference participation showcasing Smart Cart platform.
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New Americas and Europe sales heads to drive global Smart Cart adoption.
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Virtual investor meeting outlining strategy and >$110M commercialization pipeline.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
open market transactions financial
rule 10b-18 regulatory
rule 10b5-1 regulatory
securities and exchange commission (sec) regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
The Company believes that the market price of its common shares does not adequately reflect the Company's underlying value and prospects and that the repurchase of the Company's common shares represents an appropriate use of the Company's financial resources and will enhance shareholder value.
The Company has engaged Oppenheimer & Co., Inc. as its broker for the Repurchase Program. The Repurchase Program may be conducted through open market transactions or by other methods at prevailing market prices, subject to market conditions and in compliance with applicable rules and regulations. The timing and dollar amount of repurchase transactions will be subject to the Securities and Exchange Commission (SEC) Rule 10b-18 and/or Rule 10b5-1 requirements. The Company will use its existing cash and cash equivalents to execute the Repurchase Program. All common shares purchased by the Company under the Repurchase Program will be returned to treasury and cancelled.
The repurchase program will commence immediately and will terminate no later than April 6, 2026.
About A2Z Cust2Mate Solutions Corp.
A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ) creates innovative solutions for complex challenges that brings innovation, ease, excitement and value to retailers and shoppers. The company's flagship innovative smart cart solutions are transforming brick-and-mortar retail, bridging online and in-store shopping through interactive technology that guides and informs customers. Cust2Mate's AI-driven smart carts personalize every in-store journey, turning routine trips into engaging, rewarding experiences. They enable seamless in-cart scanning and payment, allowing shoppers to bypass checkout lines while receiving real-time customized offers and product recommendations. This enhanced customer experience boosts satisfaction and loyalty while helping retailers streamline operations and optimize merchandising through data-driven insights. The carts are equipped with multiple layers of security for accurate recognition and transaction integrity. Its modular, all-in-one detachable panels transform legacy shopping cart fleets into intelligent platforms that deliver a range of benefits. For more information on A2Z Cust2Mate Solutions Corp. and its subsidiary, Cust2Mate Ltd., please visit www.cust2mate.com.
Forward Looking Statements
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect", "will" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the market for our products, the impact of geopolitical, economic, competitive and other factors affecting the Company and its operations, and other matters detailed in reports filed by the Company with the SEC.
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SOURCE A2Z Cust2Mate Solutions Corp.
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