Birchtech Announces Commencement of Share Repurchase Program
Birchtech plans to use up to $5 million of cash for flexible stock repurchases through year-end 2026 while remaining debt-free.
Rhea-AI Summary
Birchtech (BCHT) plans to begin repurchasing common stock under a previously authorized $5.0 million share buyback program starting mid-September 2026.
Purchases may begin on or after September 14, 2026 and can continue until December 31, 2026, via open market transactions on the NYSE American, subject to legal requirements, market conditions, share price and other factors. Birchtech is not obligated to repurchase any specific number of shares, and the actual amount and timing will depend on prevailing conditions.
The company intends to fund the program with $11.8 million of cash on hand and reports having no debt as of June 30, 2026. Management describes the program as a flexible way to return capital to shareholders while continuing to invest in business growth.
Positive
- $5.0 million share repurchase program authorized through December 31, 2026
- Company holds $11.8 million cash and reports no debt as of June 30, 2026
- Buyback to be funded from available cash, avoiding new borrowing
Negative
- Repurchase program is discretionary with no minimum shares required to be bought
Key Figures
- Repurchase program
- $5.0 million
- Previously authorized share repurchase program
- Expected purchase start
- September 14, 2026
- Purchases may commence on or after this date
- Program end date
- December 31, 2026
- Unless earlier completed, suspended or discontinued
- Cash
- $11.8 million
- As of June 30, 2026
- Debt
- No debt
- As of June 30, 2026
Previous Buybacks Reports
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Board authorized a $5.0 million repurchase program with no expiration date.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
AI-generated analysis. How Rhea-AI works. Not financial advice.
Company to Begin Repurchasing Common Stock Under Previously Authorized
CORSICANA, Texas, Sept. 09, 2026 (GLOBE NEWSWIRE) -- Birchtech Corp. (NYSE American: BCHT) (TSX: BCHT) (“Birchtech” or the “Company”), a leader in specialty activated carbon technologies for sustainable air and water treatment, today announced that it intends to commence purchases of its common stock under the
Repurchases under the program may be made from time to time in open market transactions through the facilities of the NYSE American at prevailing market prices, subject to applicable legal and regulatory requirements, market conditions, share price, and other factors.
The Company expects that purchases may commence on or after September 14, 2026 and may continue until December 31, 2026, unless earlier completed, suspended or discontinued. The actual number of shares purchased, if any, and the timing and price of any purchases will depend on market conditions and other factors. The Company is not obligated to purchase any particular number of shares.
The purchases are intended to provide the Company with the flexibility to return capital to shareholders when management believes such purchases are appropriate. The Company intends to fund any purchases from available cash.
Management Commentary
Richard MacPherson, President and Chief Executive Officer of Birchtech, stated: “Commencing this program reflects the confidence of our Board and management team in the durability of our business and in the value we are building across both of our platforms. With our patent estate now secured, a substantial final judgment that we continue to pursue, and our water business moving from validation toward commercial deployment, we believe returning capital through the repurchase of our common stock at current market pricing may be a prudent use of the balance sheet alongside the investments we are making to scale. With
About Birchtech Corp.
Birchtech Corp. (NYSE American: BCHT) (TSX: BCHT) is a leader in specialty activated carbon technologies delivering innovative solutions for air and water purification to support a cleaner, more sustainable future. The Company provides patented SEA® sorbent technologies for mercury emissions capture for the coal-fired utility sector and SEA disruptive water purification technologies with a specialization on removing contaminants, including ‘forever chemicals’ such as PFAS, from potable water and industrial wastewater. Backed by a strong intellectual property portfolio and a team of activated carbon experts, Birchtech provides cleaner air to North American communities and is applying this expertise to a novel approach in water purification. To learn more, please visit www.birchtech.com.
Safe Harbor Statement
With the exception of historical information contained in this press release, content herein may contain “forward-looking statements” that are made pursuant to the Safe Harbor Provisions of the U.S. Private Securities Litigation Reform Act of 1995 or forward-looking information under applicable Canadian securities laws (collectively, “forward-looking statements”). Forward-looking statements are generally identified by using words such as “anticipate,” “believe,” “plan,” “expect,” “intend,” “will,” and similar expressions, but these words are not the exclusive means of identifying forward-looking statements. Forward-looking statements in this release include, without limitation, statements relating to expected developments and growth in Birchtech’s business and statements regarding the share repurchase program, including the commencement, timing, andamount of any repurchases. These statements are based on management’s current expectations and are subject to uncertainty and changes in circumstances. Investors are cautioned that forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the statements made. These risks and uncertainties include, among others, that the Company may not repurchase any common shares under the program; that the program may be modified, suspended or discontinued; and that market conditions and regulatory limitations may limit the Company’s ability or willingness to make repurchases. In addition, this release contains time-sensitive information that reflects management’s best analysis only as of the date of this release. Birchtech does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release. Further information concerning issues that could materially affect financial performance or other forward-looking statements contained in this release can be found in Birchtech’s periodic filings with the Securities and Exchange Commission or Canadian securities regulators.
Investor Relations Contact:
Lucas A. Zimmerman
Managing Director
MZ Group – MZ North America
(949) 259-4987
BCHT@mzgroup.us
www.mzgroup.us
FAQ
What rationale does management give for initiating the buyback program?
Management states that commencing the program reflects confidence in the durability of the business and the value being built across its platforms. The company describes the buyback as a flexible way to return capital to shareholders while continuing to invest in scaling its operations.