Blue Hat Interactive Entertainment Technology Announces Share Repurchase Program

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) announced a board-authorized share repurchase program to buy back up to $1 million of outstanding ordinary shares.

Rhea-AI Summary

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) announced a board-authorized share repurchase program to buy back up to $1 million of outstanding ordinary shares. The program is expected to run for the next six months.

The company said it intends to fund repurchases with a mix of cash on hand and cash generated from operations, and may repurchase shares on the open market or in privately negotiated transactions in accordance with applicable securities laws, including Rule 10b5-1 and Rule 10b-18. The timing and actual number of shares will depend on regulatory limits and market conditions.

Positive

• Board authorized repurchase of up to $1 million in shares
• Repurchases clearly scheduled for an expected six-month period
• Company intends to use cash on hand and operations to fund repurchases

Negative

• Repurchase cap of $1 million may limit market-moving impact
• Timing and volume constrained by regulatory limits and market conditions

Argus Mar 6 session

-6.45% close to close Open Argus

Details

News Market Reaction – BHAT

On Mar 6, the day this news came out, BHAT closed 6.45% below the previous close.

Data tracked by StockTitan Argus for the Mar 6 session.

Market Context

On Mar 6, the day this news came out, the stock closed 6.5% below the previous close. A negative rea...

Analysis

On Mar 6, the day this news came out, the stock closed 6.5% below the previous close. A negative reaction despite a buyback fits a history where capital actions, including a US$6.4 million offering and large share issuances, weighed on sentiment. Investors may have focused on prior dilution and a recent 1-for-50 reverse split rather than the relatively small $1 million repurchase. Such context could have led to skepticism about how much the program might offset structural supply overhang.

Key Figures

Share repurchase size: $1 million Program duration: six months

Share repurchase size

$1 million

Maximum authorization under new buyback program

Program duration

six months

Expected period for executing share repurchases

Historical Context

5 past events · Latest: Mar 04

5 events

1. Mar 04

   Reverse split timing

   24h Move

   +27.0%

   Updated effective date for previously announced 1-for-50 reverse stock split.

2. Mar 03

   Reverse split announced

   24h Move

   -21.9%

   Board and shareholders approve 1-for-50 reverse stock split of ordinary shares.

3. Feb 19

   Dilutive public offering

   24h Move

   -74.3%

   US$6.4M underwritten unit offering with short-dated warrants and reset features.

4. Feb 19

   Gold business expansion

   24h Move

   -8.5%

   Expansion of gold trading business with cumulative 1,700 kg of physical purchases.

5. Dec 10

   New gold market entry

   24h Move

   +8.7%

   Entry into Malaysian gold market via new subsidiary and growing gold transaction volumes.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

share repurchase program, rule 10b5-1, rule 10b-18

3 terms

share repurchase program financial

"today announced that its board of directors has authorized a share repurchase program"

A share repurchase program is when a company buys back its own shares from the marketplace. This reduces the total number of shares available, which can increase the value of each remaining share and signal confidence in the company's prospects. For investors, it often suggests that the company believes its stock is undervalued or that it has extra cash to return to shareholders.

rule 10b5-1 regulatory

"laws, including Rule 10b5-1 and Rule 10b-18 of the Securities Exchange Act of 1934"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

rule 10b-18 regulatory

"laws, including Rule 10b5-1 and Rule 10b-18 of the Securities Exchange Act of 1934"

Rule 10b-18 is a regulation that sets strict rules for how a company's executives and employees can buy back their own company's stock from the market. It helps ensure that these buybacks happen in a fair and transparent way, reducing the chance of market manipulation. This is important for investors because it offers protection against unfair practices and promotes confidence in the integrity of the stock market.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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XIAMEN, China, March 06, 2026 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology (“Blue Hat” or the “Company”) (NASDAQ: BHAT), a Cayman Islands exempted company, today announced that its board of directors has authorized a share repurchase program to buy back up to $1 million of its outstanding ordinary shares. This program reflects the Company's confidence in its long-term growth prospects. The share repurchase program is expected for the next six months. The Company intends to fund the repurchases through a combination of cash on hand and cash generated from operations.

The Company may repurchase shares of its ordinary shares from time to time on the open market or in privately negotiated transactions, or otherwise in accordance with applicable federal securities laws, including Rule 10b5-1 and Rule 10b-18 of the Securities Exchange Act of 1934. The timing and actual number of shares repurchased will depend on a variety of factors including regulatory restrictions on price, manner, timing, volume, corporate, and other regulatory requirements and other market conditions in an effort to minimize the impact of the purchases on the market for the stock.

About Blue Hat Interactive Entertainment Technology

Blue Hat was formerly a provider of communication services, as well as a producer, developer, and operator of AR interactive entertainment games, toys, and educational materials in China. Leveraging years of technological accumulation and unique patented technology, Blue Hat is expanding its business to commodity trading, aiming to become a leading intelligent commodity trader worldwide. For more information, please visit the Company’s investor relations website at http://ir.bluehatgroup.com. The Company routinely provides important information on its website.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the Company’s SEC filings. These risks and uncertainties could cause the Company’s actual results to differ materially from those indicated in the forward-looking statements.

Contact Information:

Blue Hat Interactive Entertainment Technology
Phone: +86 (592) 228-0010
Email: ir@bluehatgroup.net

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Blue Hat (BHAT) announce on March 6, 2026 regarding share repurchases?

The company authorized a repurchase program to buy back up to $1 million in shares over six months. According to the company, repurchases may occur on the open market or in private transactions and will follow applicable securities laws.

How will Blue Hat (BHAT) fund the $1 million share repurchase program?

Blue Hat intends to fund repurchases using a combination of cash on hand and cash from operations. According to the company, this mix is the planned source of funds for purchases during the six-month program period.

What is the timeline for Blue Hat's (BHAT) share buyback announced March 6, 2026?

The repurchase program is expected to run for the next six months from the announcement date. According to the company, actual timing will depend on market conditions and regulatory requirements during that window.

Will Blue Hat (BHAT) repurchase shares on the open market or via private transactions?

The company may repurchase shares on the open market or in privately negotiated transactions. According to the company, purchases will be executed in accordance with applicable securities laws, including Rule 10b5-1 and Rule 10b-18.

How could regulatory rules affect Blue Hat's (BHAT) share repurchase program?

Regulatory restrictions can limit price, timing, volume, and manner of repurchases under the program. According to the company, these constraints and market conditions will influence the number and timing of shares bought back.